Mike has written to George Osborne, Chancellor of the Exchequer, over proposals for listed buildings work to be subject to VAT.
In his letter, Mike said: “Brighton & Hove has 1,218 listed buildings, which means that it has one of the highest concentrations of buildings of special architectural or historic interest in the South East. Not only will this legislative change impact on Brighton & Hove’s famed Georgian, Regency and Italianate architecture, it will hit conservation charities and churches across the country. Many of these organisations have already contacted me to highlight their deep concerns about the unexpected tax implications which may undermine the financial viability of countless renovations.”
Mike concluded, “I strongly urge you to reconsider the proposed removal of the VAT exemption to listed buildings as a matter of urgency.”
Commenting, Mike said: “Brighton & Hove is blessed with a unique architectural heritage that we must protect. Along with many residents, I was not happy with the proposed changes to VAT rules for listed buildings so have written to my colleague George Osborne urging him to reconsider the matter.”