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Sustainability in practice: VAT reform would promote sustainable building and cost nothing- so why the delay?

Research output: Contribution to journalComment/debate

The so-called 'greenest government ever' has missed an enormous opportunity to incentivise investment in sustainable construction: VAT reform. This means redressing the long-standing skew in favour of new build over refurbishment. Current VAT rates -- 5 per cent for new construction and 20 per cent for refurbishment -- distort the market in favour of new build. VAT is a powerful tool; it should be used to help progress the government's low-carbon agenda.
Original languageEnglish
Pages (from-to)62
JournalArchitects' Journal
Volume239
Issue number8
Publication statusPublished - 28 Feb 2014
Externally publishedYes

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