The Built Environment Forum Scotland (BEFS) has supported a joint statement calling on the Government to use VAT to incentivise consumer take up of the Green Deal.
Twenty six organisations are backing the statement, which urges the Government to levy VAT at a rate of 5% for all Green Deal approved measures instead of at the higher 20% rate. The statement has been sent to MPs as they prepare to debate the final stages of the Energy Bill, which is the legislation that will introduce the Green Deal.
The statement argues that a financially compelling package is needed for people to take action to improve the energy performance of their homes, and a consistent rate of 5% VAT is a logical step that will make energy efficiency measures more affordable and Green Deal packages more attractive. All of the organisations involved believe that the Government must do more to stimulate further demand in the energy saving market in order for the Green Deal to be a success.
Director of BEFS Craig Stirrat said: ‘It is imperative that we help owners to maintain their homes and a VAT reduction is a key method by which we can do so. Reducing Vat will help those who cannot afford vital repairs to their own homes and bring thousands of empty properties back into use. We are all well aware of the financial constraints the Government is under however, we believe that this measure would help create thousands of jobs and give a much needed boost to the UK economy. We are proud to support this campaign. Let’s cut the VAT, maintain our homes and show how we value the built environment.’
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