VAT on housing repairs
VAT on housing repairs
- 1999
- Contract Journal 401(6249) 27 October 1999, 3(1) .
Despite the EU ruling that member states can reduce VAT rates on repairs to private dwellings, the government has decided not to adopt a lower rate. The decision is criticised as failing to address the problem of alterations to listed buildings being zero-rated whilst repairs attract the full rate of VAT, thus encouraging owners and architects to alter historic buildings rather than repair them.
VALUE ADDED TAX
EUROPEAN UNION
LISTED BUILDINGS
REPAIRS
ALTERATIONS
LEVELS
DOMESTIC BUILDINGS
Despite the EU ruling that member states can reduce VAT rates on repairs to private dwellings, the government has decided not to adopt a lower rate. The decision is criticised as failing to address the problem of alterations to listed buildings being zero-rated whilst repairs attract the full rate of VAT, thus encouraging owners and architects to alter historic buildings rather than repair them.
VALUE ADDED TAX
EUROPEAN UNION
LISTED BUILDINGS
REPAIRS
ALTERATIONS
LEVELS
DOMESTIC BUILDINGS