Reform of VAT on construction
Series: Building Design ; (1603) 21 November 2003, (1)Publication details: 2003Subject(s): Summary: A large coalition of different organisations and individuals is demanding a reform of VAT on the repair and refurbishment of housing and new buildings. This includes more than 150 000 construction and property professionals and insists that Gordon Brown supports a 5% rate on repairs and improvements on housing and historic buildings. The chancellor is under pressure to reform the so-called brownfield tax ahead of a crucial European Union meeting on Tuesday where finance ministers will consider allowing tax cuts on repair and refurbishment of housing.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3945-16 (Browse shelf(Opens below)) | 1 | Available | 124456-1001 |
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A large coalition of different organisations and individuals is demanding a reform of VAT on the repair and refurbishment of housing and new buildings. This includes more than 150 000 construction and property professionals and insists that Gordon Brown supports a 5% rate on repairs and improvements on housing and historic buildings. The chancellor is under pressure to reform the so-called brownfield tax ahead of a crucial European Union meeting on Tuesday where finance ministers will consider allowing tax cuts on repair and refurbishment of housing.