Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 29 March 2001.
Bob Russell
Liberal Democrat, Colchester
12:00,
29 March 2001
Does the Paymaster General agree that the higher rate of VAT on existing buildings is a disincentive for urban renewal and that the nil VAT on new building encourages greenfield development? That being the case, why has it taken the Government four years to get around to sorting out this mess?
