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Facts and Figures >Pre-budget Report
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07: Value added tax

VAT and housing
Currently, renovations and alterations to residential property that has been empty for at least three years is eligible for a reduced VAT rate of 5%. From 1 January 2008, the minimum period will be reduced to two years.

Contents

  • 01: Introduction
  • 02: Inheritance tax
  • 03: Capital gains tax
  • 04: Residence and domicile
  • 05: Income tax
  • 06: Business taxation
  • 07: Value added tax
  • 08: Stamp duties
  • 09: Pensions
  • 10: Anti-avoidance

Essential Guides

 
Pre-Budget Report 2007 (42 kB)

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