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FMB state of trade survey reveals increased calls for VAT and compliance cost cuts

By: Language: English Series: FMB State of Trade Survey ; 30 January 2006Publication details: 2006Subject(s): Online resources: Summary: 38% of respondents to the FMB State of Trade Survey for the fourth quarter of 2005 reported that workloads had fallen in the last three months of the year, compared with 28% who reported a higher workload. The drop in workload was largest in repair, maintenance and improvement. FMB members continue to call for a reduction in VAT on home improvements, and express concern about the costs of complying with new or amended laws and regulations.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 132443-1001

38% of respondents to the FMB State of Trade Survey for the fourth quarter of 2005 reported that workloads had fallen in the last three months of the year, compared with 28% who reported a higher workload. The drop in workload was largest in repair, maintenance and improvement. FMB members continue to call for a reduction in VAT on home improvements, and express concern about the costs of complying with new or amended laws and regulations.