Housing Forum and NHF welcome consultation on changes to VAT treatment of social housing sites

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Changes to ’golden brick’ rule would ’ease cash flow pressures’ and boost housebuilding at no extra cost to the taxpayer, sector bodies argue

The government’s pledge to revamp VAT rules on land intended for social housing has been welcomed by the Housing Forum and National Housing Federation (NHF).

The Budget documents yesterday said: “The government will shortly consult on the reform of VAT rules to incentivise the development of land intended for social housing.”

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