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New VAT rate and construction

Language: English Series: Guardian ; 21/3/91 p14Publication details: 1991Subject(s): Summary: The increase in VAT and the abolition of the higher rate of mortgage tax relief does nothing to help the construction industry as latest figures, showing a 16% fall in orders in the three months to February, confirm the industry`s recession .

The increase in VAT and the abolition of the higher rate of mortgage tax relief does nothing to help the construction industry as latest figures, showing a 16% fall in orders in the three months to February, confirm the industry`s recession .