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Change VAT payable on House Renovations.

Comment 27th July 2010

VAT can be reclaimed on materials used in New Build developments and on Listed Buildings, but not on materials used to renovation existing properties.

With thousands of empty properties across the country why not make it more attractive to developers to renovate these instead of building new housing.

Why does this matter?

This would help in the provision of housing for people without the constant need to use more and more green belt land.

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