The GGF has again called on the Government to reduce VAT to 5% for energy-saving windows and doors.
The plea follows six weeks of consultation with members and other trade bodies in response to HMRC’s Consultation paper ‘Changes to the Reduced Rate of VAT on Energy Saving Materials’.
Such a move would not only bring windows and doors in line with a whole list of products on the existing 5% list, says the organisation, but could also boost the entire sector by up to 20% after years of decline, according to members’ estimates.
The Federation also urged the Government to bring its reduced rates in line with a European Directive which permits member countries to reduce rates for ‘provision, construction, renovation and alteration of housing as part of a social policy’.
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