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

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Sustainability in practice : VAT reform would promote sustainable building and cost nothing- so why the delay? / Menteth, Walter.

In: Architects' Journal , Vol. 239, No. 8, 28.02.2014, p. 62.

Research output: Contribution to journalComment/debate

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@article{23b6dc82f80c4b6584460092b022468f,
title = "Sustainability in practice: VAT reform would promote sustainable building and cost nothing- so why the delay?",
abstract = "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.",
keywords = "VAT, sustainability, procurement, construction, fiscal policy, reform, REF-linked-outputs",
author = "Walter Menteth",
year = "2014",
month = feb,
day = "28",
language = "English",
volume = "239",
pages = "62",
journal = "Architects' Journal ",
issn = "0003-8466",
number = "8",

}

RIS

TY - JOUR

T1 - Sustainability in practice

T2 - VAT reform would promote sustainable building and cost nothing- so why the delay?

AU - Menteth, Walter

PY - 2014/2/28

Y1 - 2014/2/28

N2 - 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.

AB - 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.

KW - VAT

KW - sustainability

KW - procurement

KW - construction

KW - fiscal policy

KW - reform

KW - REF-linked-outputs

M3 - Comment/debate

VL - 239

SP - 62

JO - Architects' Journal

JF - Architects' Journal

SN - 0003-8466

IS - 8

ER -

ID: 2300784