HC Deb 05 March 1998 vol 307 c719W
Mr. Laurence Robertson

To ask the Chancellor of the Exchequer if he will estimate the annual cost of the Exchequer of reducing VAT on house renovation to the lowest level permissible under European Union law. [32073]

Dawn Primarolo

[holding answer 3 March 1998]: The lowest rate of VAT permissible under European Union law for house renovations is 5 per cent. The cost of reducing VAT on all house repair and maintenance to 5 per cent. is estimated to be £1.1 billion. From the source data it is not possible to separate renovations.

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