Industry organisations are joining forces to urge the government to reduce the rate of VAT payable on all building repair and maintenance work.
On Thursday 26 June 2008, Kate Hoey MP, Bob Russell MP joined coalition members, Bathroom Manufacturers Association, Federation of Master Builders and House Beautiful to deliver over 10,000 strong petition to NO 11 Downing Street calling on the Chancellor of the Exchequer to cut VAT from the current rate of 17.5% to 5% on all building repair and maintenance work.
One hundred MPs have signed an Early Day Motion (EDM 669) which calls on the Government to cut VAT for all building repair and maintenance work.
The demand to cut VAT comes at a time when the Government is failing to cut carbon emissions by 80% by 2050; when the number of people living in fuel poverty is rising from the current figure of 4.5 million; and when thousands of consumers are being fleeced by rogue traders offering cash deals to avoid VAT.
Yvonne Orgill, Chief Executive of the BMA said: “Improving the existing housing stock with more energy and water efficient products will reduce the amount of water used in the home, create inspired and warmer living conditions that will see major benefits in the social and well being of society.”