To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of reducing the rate of VAT for retrofitting costs of residential housing.
This question was answered on 23rd January 2020
Applying the reduced rate of VAT on the retrofitting of residential buildings would come at a significant cost to the Exchequer. The Government keeps all taxes under review and assesses them against a range of fiscal and environmental considerations. Any future decisions on VAT will continue to be taken in line with the normal Budget process.