Plan to cut church VAT blocked
Series: Times ; 23 December 2000, 1,4(2)Publication details: 2000Subject(s): Summary: The Chancellor's announcement, in his November 2000 Pre-Budget Report, of his intention to cut VAT on repairs to historic buildings from 17.5% to 5%, is likely to be thwarted by Brussels. Suggests the Chancellor was aware of the European directive preventing such an exemption before he made this announcement. Describes the predicament of many UK churches, which are hard up and in urgent need of repairs.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3701-11 (Browse shelf(Opens below)) | 1 | Available | 110103-1001 |
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The Chancellor's announcement, in his November 2000 Pre-Budget Report, of his intention to cut VAT on repairs to historic buildings from 17.5% to 5%, is likely to be thwarted by Brussels. Suggests the Chancellor was aware of the European directive preventing such an exemption before he made this announcement. Describes the predicament of many UK churches, which are hard up and in urgent need of repairs.