§ Mr. Peter AinsworthTo ask the Chancellor of the Exchequer what estimates he has made of the annual cost to the Exchequer of applying a rate of VAT to renovation work on listed properties of(a) 12 per cent., (b) 10 per cent., (c) 7.5 per cent. and (d) 5 per cent. [125909]
§ Dawn PrimaroloCustoms and Excise do not have estimates of the costs of reducing the VAT rate on renovation work on listed buildings because reliable estimates of amounts of VAT which have been paid in the past on such work are not available.
§ Mr. Peter AinsworthTo ask the Chancellor of the Exchequer what the annual cost is to the Exchequer of zero-rated VAT on alterations to listed buildings. [125908]
§ Dawn PrimaroloCustoms and Excise do not have an estimate of the cost of zero-rated VAT on alterations to listed buildings. This is because reliable estimates of the amount of expenditure on such work are not available.