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Directive could cut house tax

Language: English Series: Planning (for the Natural and Built Environment) ; 5 March 1999, 1(1)Publication details: 1999Subject(s): Summary: A draft amendment to the EU Sixth VAT Directive could allow the government to bring in a lower rate of VAT for improvements to existing housing stock. The directive, which currently only sets a minimum standard, will fix the maximum standard of VAT at 25%.
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News article London News article WB3510-62 (Browse shelf(Opens below)) 1 Available 91931-1001

A draft amendment to the EU Sixth VAT Directive could allow the government to bring in a lower rate of VAT for improvements to existing housing stock. The directive, which currently only sets a minimum standard, will fix the maximum standard of VAT at 25%.