Builders warning
Builders warning
- 2000
- Guardian 26 February 2000, 2.26-27(1) .
Housebuilders have warned that the cost of newly built homes will rise sharply if government plans to tax developers go ahead. At present new homes are zero-rated for VAT purposes whilst renovations on empty homes are charged at 17.5%.
VALUE ADDED TAX
NEW HOMES
HOUSE BUILDERS
DEVELOPERS
EMPTY HOMES
Housebuilders have warned that the cost of newly built homes will rise sharply if government plans to tax developers go ahead. At present new homes are zero-rated for VAT purposes whilst renovations on empty homes are charged at 17.5%.
VALUE ADDED TAX
NEW HOMES
HOUSE BUILDERS
DEVELOPERS
EMPTY HOMES