Vat

Treasury written question – answered on 1st February 2023.

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Photo of Anthony Browne Anthony Browne Conservative, South Cambridgeshire

To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the additional VAT collected from an average household on expenditure related to a property purchase including (a) home improvements, (b) decoration and (c) furniture purchases.

Photo of Victoria Atkins Victoria Atkins The Financial Secretary to the Treasury

HMRC does not hold information on VAT revenue from specific products or services. Businesses are not required to provide HMRC with figures at a product level on their VAT returns, as this would impose an excessive administrative burden.

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