HC Deb 04 June 1996 vol 278 c356W
Mr. Donohoe

Top ask the Chancellor of the Exchequer what rate of value added tax pertains to the sale of housing stock owned by a development corporation to a housing association. [30542]

Mr. Heathcoat-Amory

Value added tax is not levied on the sale of housing, irrespective of who supplies it to whom. Generally, new housing is zero rated and other housing is exempt from VAT.