Housing row hots up
Language: English Series: Estates Gazette ; (9851) 19 December 1998, 16(1)Publication details: 1998Subject(s): Summary: The Treasury is facing calls to impose a VAT rate of 5% on new housing, and to reduce the rate for refurbishment to the same level. The CPRE backs the suggestion, hoping that it would encourage the refurbishment of existing empty property and thus reduce greenfield development.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3501-71 (Browse shelf(Opens below)) | 1 | Available | 90474-1001 |
The Treasury is facing calls to impose a VAT rate of 5% on new housing, and to reduce the rate for refurbishment to the same level. The CPRE backs the suggestion, hoping that it would encourage the refurbishment of existing empty property and thus reduce greenfield development.