VAT

(asked on 24th January 2023) - View Source

Question to the HM Treasury:

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.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 1st February 2023

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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