GOVERNMENT UNDER PRESSURE TO CUT VAT ON RETROFITS
The government needs to reduce its 20% VAT rate on retrofitting old homes, according to the chief executive of Historic England, Duncan Wilson. “We have been speaking to the government for quite a long time [about] changing the VAT regime,” he says. “That is something we need all to keep battering away at, because it is somewhat crazy to have 0% on new build and 20% on repair, refurbishment and maintenance.”