Buildings: Insulation

(asked on 25th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Housing, Communities and Local Government on the effect of (a) cladding and (b) fire safety defects on the Exchequer’s taxation revenue.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 29th January 2021

The Government has provided £1.6bn for the remediation of unsafe cladding from the highest risk buildings. Building owners are responsible for keeping their buildings and residents safe and should meet remediation costs without passing them on to leaseholders, where possible.

In line with the practice of successive administrations, details of ministerial discussions are not normally disclosed. The Government monitors closely the revenue from property taxation, and HMRC publish quarterly updates on SDLT receipts.

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