A question on #Buildings #VAT tabled by Lord Empey on 19-12-2024 has been answered by Lord Livermore.

Heading: Buildings: VAT
Question ID: 1751892
UIN: HL3651
House: Lords
Date tabled: 2024-12-19
Asking Member ID: 4216
Asking Member display name: Lord Empey
Asking Member handle:
Asking Member Twitter reference: Lord Empey
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of the negative impact of charging VAT for renovations of buildings on brownfield sites compared with greenfield sites where building of homes is zero rated for VAT.
Is named day: false
Date of holding answer:
Date answered: 2025-01-07
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4559
Answering Member display name: Lord Livermore
Answering Member handle:
Answering Member Twitter reference: Lord Livermore
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: To stimulate the construction of new homes, the Government maintains a zero rate of VAT on new-build residential buildings. Additionally, residential renovations are subject to a reduced rate of VAT of five per cent if they meet certain conditions. These ...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true