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United Kingdom · Question · Written question

HL HL5248

Buildings: VAT

answeredUnited Kingdom· UK Parliament· EN

Introduced

25 February 2025

Last action

11 March 2025 · Answer

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Answered

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Discovery layer

Source updated

11 March 2025

Summary

To ask His Majesty's Government what consideration they have given to removing VAT on refitting works to encourage developers to repurpose buildings rather than demolish them; and what other plans they have to encourage them to do so.

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Timeline

  1. 25 February 2025

    Written question

    To ask His Majesty's Government what consideration they have given to removing VAT on refitting works to encourage developers to repurpose buildings rather than demolish them; and what other plans they have to encourage them to do so.

    Source: Lords

  2. 11 March 2025

    Answer

    VAT is a broad-based tax on consumption and the 20 per cent standard rate applies to most goods and services. VAT is the UK’s second largest tax forecast to raise £171 billion in 2024/25. Taxation is a vital source of revenue that helps to fund vital publ...

    Source: Written answer

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