Tax shake-up for house building
Tax shake-up for house building
- 2000
- Financial Times 22 February 2000, 2(1) .
In next month's Budget, government wants value added tax on new housing to encourage developers to renovate old buildings rather than build new ones on greenfield sites. At the same time there would be a cut in VAT on refurbishment.
VALUE ADDED TAX
HOUSE BUILDING
BUDGET
VALUE ADDED TAX
GREENFIELD SITES
BROWNFIELD SITES
In next month's Budget, government wants value added tax on new housing to encourage developers to renovate old buildings rather than build new ones on greenfield sites. At the same time there would be a cut in VAT on refurbishment.
VALUE ADDED TAX
HOUSE BUILDING
BUDGET
VALUE ADDED TAX
GREENFIELD SITES
BROWNFIELD SITES