| 000 | 01395cam a2200265 4500 | ||
|---|---|---|---|
| 001 | WB4021-08 | ||
| 008 | 040603n2004 000 0 eng u | ||
| 035 | _a(Sirsi) u126401 | ||
| 245 | _aVAT cut to solve homes crisis | ||
| 260 | _c2004 | ||
| 490 |
_aFederation of Master Builders Press Release _v 25 May 2004 (1) |
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| 520 | _aThe Federation of Master Builders (FMB) believes a cut in VAT rates on refurbishment work will solve the UK's housing shortage. The "Barker review of housing supply: securing our future needs" has failed to consider VAT policy as a means of boosting housing supply, according to the FMB. Research by the FMB estimates that over 700 000 homes are currently empty, while up to seven million properties need renovating. The FMB points out that while new homes benefit from zero-rated VAT, property owners are not encouraged to carry out repairs and maintenance because it is charged at the full rate of 17.5%. FMB press release at http://www.fmb.org.uk/press/fmbnews/250504.asp. | ||
| 590 | _aWB | ||
| 590 | _aWB | ||
| 650 | _aVAT | ||
| 650 | _aHOUSING SHORTAGES | ||
| 650 | _aREPAIRS | ||
| 650 | _aBUILT ENVIRONMENT-BUILDING MAINTENANCE AND REFURBISHMENT | ||
| 650 | _aBUILT ENVIRONMENT-BUILDING MAINTENANCE AND REFURBISHMENT | ||
| 650 | _aEMPTY HOUSES | ||
| 650 | _aHOUSE BUILDING | ||
| 650 | _aBARKER REVIEW | ||
| 690 | _aHOUSING | ||
| 942 | _n0 | ||
| 999 |
_c117465 _d117465 |
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