VAT reform would promote CO2 emissions reductions, more sustainable building & cost nothing – so why the delay: a Project Compass response to the Climate and Biodiversity Emergency objectives defined in ARCHITECTS DECLARE
Research output: Contribution to specialist publication › Article
Reforming VAT has for too long provided opportunity to incentivise sustainable construction. This means redressing the long-standing skew in favour of new build over refurbishment. Current VAT rates, typically 5% for new construction & 20% for refurbishment, distort the market in favour of new build. VAT is a powerful tool which must now be used here & abroad to help accelerate low-carbon sustainable construction. This is because the majority of built environment C02 emissions emanate from existing buildings, yet because their embodied energy exists this doesn't contributes further to CO2 emission.
| Original language | English |
|---|---|
| Number of pages | 4 |
| Journal | Project Compass |
| Publisher | Project Compass CIC |
| Publication status | Published - 26 Jul 2019 |
Documents
- 19-07-26 VAT reform would promote CO2 emissions reductions, more sustainable building & cost nothing - Project Compass
Final published version, 498 KB, PDF document
Licence: CC BY-ND
Related information
Outputs
Refurbishing old buildings reduces emissions – but outdated tax rates make it expensive
Research output: Contribution to specialist publication › Article
Sustainable retrofit of existing buildings. Stage Zero. Lesson 4. Fiscal incentives and funding opportunities
Research output: Non-textual form › Artefact
Sustainable retrofit of Existing Buildings. Stage Zero. Lesson 5. Procurement for retrofitting
Research output: Non-textual form › Artefact
Incentivising design quality and sustainability: VAT is a powerful tool and changing the rates can incentivise the sustainability agenda
Research output: Book/Report › Other report
Sustainability in practice: VAT reform would promote sustainable building and cost nothing- so why the delay?
Research output: Contribution to journal › Comment/debate
Why engaging with procurement is fundamental: unlocking capacity and talent to deliver better quality and sustainability
Research output: Chapter in Book/Report/Conference proceeding › Chapter (peer-reviewed)
Activities
Royal Institute of British Architects (External organisation)
Activity: Membership types › Membership of council
Impacts
Policy and Regulatory Reform of Construction Procurement and embedding reforms in contemporary practice
Impact: Public Policy Impacts, Cultural & Creative Impacts, Economic & Commercial Impacts
ID: 15802699
