questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of VAT reform to support repair, maintenance and retrofit projects over demolition and rebuild within the built environment sector.
answerText: VAT is a broad-based tax on consumption and the 20 per cent standard rate applies to most goods and services, including most construction work. To support the Government’s housing delivery targets, the Government currently maintains a zero rate of VAT on ...
heading: Construction: VAT