§ 29. Mr. HoyleTo ask the Chancellor of the Exchequer what assessment he has made of the impact of VAT on house renovations. [112246]
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§ Dawn PrimaroloStatistics on renovated dwellings and on the VAT relating to such work are not directly available.
Based on data published in Housing and Construction Statistics 1988–98, VAT charged in 1998 in respect of repairs, maintenance and improvements carried out by contractors on private sector housing in Great Britain is estimated at £1.7 billion. It is not possible to identify renovations separately.