VAT ON BUILDINGS

Summary

That this House, noting the Government's desire to divert housing activity from greenfield to brownfield sites, urges the Chancellor to introduce a harmonised rate of VAT for building at below 10 per cent., thus ending the anomaly whereby new building is zero-rated while conversions and repairs are VAT-rated at 17.5 per cent.; and further urges him to apply this new harmonised rate for all conversions, repairs and refurbishment of historic buildings and churches as well as existing domestic properties, thus helping to conserve the countryside, encourage urban regeneration and benefit hard-pressed heritage sites which benefit the Exchequer through millions of pounds of tourism revenue.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 February 2000

   Early Day Motion

   That this House, noting the Government's desire to divert housing activity from greenfield to brownfield sites, urges the Chancellor to introduce a harmonised rate of VAT for building at below 10 per cent., thus ending the anomaly whereby new building is zero-rated while conversions and repairs are VAT-rated at 17.5 per cent.; and further urges him to apply this new harmonised rate for all conversions, repairs and refurbishment of historic buildings and churches as well as existing domestic properties, thus helping to conserve the countryside, encourage urban regeneration and benefit hard-pressed heritage sites which benefit the Exchequer through millions of pounds of tourism revenue.

   Source: Early Day Motion

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

• Gordon Marsden · Labour · Primary sponsor

Related records

No cross-record relationships stored yet.