Duncan Baker-Brown

  • Destruction driven by the 20% VAT penalty on property refurbishment? Demolition of Wychwood House on the Woodberry Down Estate, London in June 2007. Photo: Sarflondondunc via Flickr (CC BY-NC-ND 2.0).

    Use VAT to reward 'green' refurbishment - not demolition

    Duncan Baker-Brown
     |
    Another budget, another missed opportunity: the VAT system charges the full 20% on home upgrades, but 'zero-rates' developers who demolish and rebuild, writes Duncan Baker-Brown. Instead we should target VAT to reward those who meet 'green' criteria for energy efficiency and sustainability. Chancellors in waiting, listen up!
Subscribe to Duncan Baker-Brown