Speeches

Lord Lexden – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Lexden on 2016-05-23.

To ask Her Majesty’s Government whether they plan to extend VAT zero-rating to building work in independent schools that do not charge VAT on school fees and are therefore not registered for VAT.

Lord O’Neill of Gatley

The construction of a new building is normally subject to the standard rate of VAT.

However, the construction of buildings that are either designed as a dwelling, to be used solely for a relevant residential purpose, or to be used solely for a relevant charitable purpose may be zero-rated for VAT.

This relief is available to eligible consumers and businesses regardless of their VAT registration status.