Renovations could see VAT boost

Aug. 1, 2005
The government is considering lowering VAT on repairs and renovations as an incentive to ensure that more Victorian terraced houses in rundown areas are repaired rather than demolished. Professor Anne Power, a member of Lord Rogers' urban task force, said that ministers wanted to change the current tax system. "The ODPM is very frustrated," she said, "the biggest single difference …

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