As recently reported in the news, the government’s shock budget decision to introduce VAT on listed buildings could have a devastating effect on some of our heritage buildings.
Previously the cost of alterations to listed buildings was charged at a zero percent VAT rate, but from October 1st, 2012 , the standard rate of 20% will take effect.
HM Revenue & Customs article, VAT: Approved Alterations to Listed Buildings stated:
“ The repair and maintenance of a protected building is standard-rated, but the approved alteration of a protected building is zero-rated. Some alterations restore or enhance the unique character of a building or prolong its active life, but most work covered by the relief is extension work which is unnecessary for heritage purposes.”
We believe this could discourage owners of listed properties from preserving such buildings. Is this not detrimental to our National Heritage?
The extra cost implication could potentially encourage owners to make short-term savings by choosing lower specification products.
At Tudor Roof Tiles, we are committed to producing high quality handmade clay plain & peg roof tiles that are design ed to complement the style and architecture of older buildings and these will add value for many years to come.
For instance, our ‘conservation peg tile’ range, which has a naturally weathered look, has been re-developed with a gentle double camber and meticulous detailing, ideal for specialised historical renovation and restoration work.
New handmade peg tiles such as these, chosen for their sympathetic qualities, are often a much more reliable and a cost effective option when compared to expensive reclaimed tiles - particularly in cases where large sections or entire roofs need to be replaced.
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