Home / News / Scottish builders call for VAT rate cut

Scottish builders call for VAT rate cut

Scottish Building Federation chief executive Michael Levack has called for a reduction in the rate of VAT levied on building works to help recession-hit firms.

His call comes in the wake of a survey which found half of Scottish homeowners would spend more on building works if VAT were cut from the current rate of 15% (17.5% next year) to 5%.

Levack said: “Encouraging homeowners to spend more money on building works to improve their home would make a huge contribution towards sustaining the jobs of thousands of apprentices and tens of thousands of other construction workers in Scotland.

“Cutting VAT on the services provided by legitimate building firms would eliminate the competitive advantage of cash-in-hand cowboy builders, helping to drive them out of the industry for good”

About Fiona Russell-Horne

Fiona Russell-Horne
Editor-in-Chief across the BMJ portfolio.

Check Also

Russell Roof Tiles helps local charities

Roof tile manufacturer, Russell Roof Tiles, has donated £4k between two life-saving charities in Burton …