FSB Urges Government to reduce VAT on Double Glazing
Tuesday, June 23rd, 2009
In a bid to stop people turning to cowboy workmen, the Federation of Small Businesses (FSB) has urged the government to drop VAT on home renovations, such as double glazing, insulation and other improvement work from the current level of 15%t to just 5%.
Supported by the National Home Improvement Council (NHIC), the FSB acknowledges that by avoiding VAT, cowboy builders have been able to offer discounts on work. The warning to homeowners is that employing an unqualified builder can prove a false economy as projects are left unfinished and can often fail to meet necessary standards.