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tabling member printed	Mr Steve Baker
answer › question first answered	2021-01-13T15:43:20.44Z
tabling member constituency	Wycombe

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registered interest

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

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answer text

answering member constituency

answering member printed

grouped question UIN

question first answered

answering member


label

tabling member


label

1274674

registered interest

date

08/01/2021

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Buildings: VAT

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of reducing the VAT rate on building refurbishment works to zero.

tabling member constituency

Wycombe

tabling member printed

Mr Steve Baker

uin

134418

answer

is ministerial correction

date of answer

13/01/2021

answer text

The Government already maintains a reduced rate of VAT at five per cent, subject to certain conditions, for residential renovations.<p> </p><p>Introducing a zero rate of VAT would come at a significant cost to the Exchequer, estimated at about £4 billion per year, which would have to be balanced by a reduction in public spending, higher borrowing or increased taxation elsewhere. While the Government keeps all taxes under review, there are no plans to change the VAT treatment of the repair and renovation of buildings.A</p>

answering member constituency

Hereford and South Herefordshire

answering member printed

Jesse Norman

grouped question UIN

134445

question first answered

13/01/2021 15:43:20

answering member

3991

	label	Biography information for Jesse Norman

tabling member

4064

	label	Biography information for Mr Steve Baker