VAT on Alterations to Listed Buildings
This means that from 1st October 2012 the standard rate of VAT will apply to the alteration of a listed building.
The Listed Property Owners Club together with other organisations supporting the “Cut the VAT Campaign” feel the decision to add 20% VAT to approved alterations of a listed building will have serious negative consequences.
You can help!
If you agree with this point of view, contact your MP to ask them to urge the government to think again. The website has a link to a “contact your MP” page created on www.cutthevat.co.uk/cut-the-vat/listed-buildings
Additionally we seek case studies of owners that this will be immediately effected by this change. For example you may have already briefed an architect to alter or extend your home, you may have even obtained Listed Building Consent, but work has either yet to start or even be partially completed. We are particularly keen to learn how owners will react to this further 20% increase. Will you try to find the extra money, reduce the specification or even cancel the project in total?
Your help would be greatly appreciated.
