Empty Property: VAT
Commons · Question 126979 · Tabled 13 Apr 2026 · Treasury · Official record
Answered 21 Apr 2026
Question
Asked by Jess Brown-Fuller
To ask the Chancellor of the Exchequer, what estimate she has made on the cost of removing VAT on the renovation of unoccupied properties.
Answer
Answered by Dan Tomlinson, 21 Apr 2026
The Government recognises the importance of reusing existing housing stock to deliver new homes. To support this, residential renovations are subject to a reduced rate of VAT of five per cent if they meet certain conditions. These include the renovation o...