Product category:
Building Trade Associations and Institutes
News Release from: Federation of Master Builders (FMB) | Subject: Reduce VAT on green goods
Edited by the Buildingtalk Editorial
Team on 15 November 2007
FMB backs UK call to reduce VAT on green
goods
The Federation of Master Builders supporting initiative from UK and France to reduce VAT on certain environmentally friendly goods across the European Union.
France has already announced that it intends to push for an EU agreement on this proposal when it takes over the EU Presidency in June 2008 Brian Berry, Director of External Affairs at the FMB says, "The call from Britain and France to reduce VAT on green goods is a positive step to help reduce the carbon emission levels of existing buildings"
This article was originally published on Buildingtalk on 27 Jun 2003 at 8.00am (UK)
Related stories
3 Main Challenges For New Construction Minister
The FMB welcomed the appointment of Nigel Griffiths as Construction Minister and highlighted three policy areas where rapid progress will be key.
"Currently existing buildings contribute some 40% of all carbon emissions, which is unacceptable if the EU is really serious about meeting its international obligations to combat climate change".
"What is disappointing is the fact that we might have to wait until the middle of 2008 before the EU can get itself into gear and agree to a cut in the current VAT rate".
Berry continued, "Given the urgency of the need to tackle climate change, the UK Government should not hide behind this proposal and delay action".
"The Government needs to have the courage to act independently by cutting VAT from 17.5% to 5% on all energy efficient repairs to existing buildings within the UK.".
• Federation of Master Builders (FMB): contact details and other news
• Email this article to a colleague
• Register for the free Buildingtalk email newsletter
• Buildingtalk Home Page
Search the Pro-Talk network of sites
