Ben Howlett – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Ben Howlett on 2016-01-11.
To ask Mr Chancellor of the Exchequer, if he will reduce the level of VAT applicable to construction companies involved in the conversion of non-residential buildings to residential use.
Mr David Gauke
The sale of, or long lease in, non-residential buildings that have been converted to residential use is, subject to certain criteria, zero-rated for VAT.