Global Government Now EU Wants 20% VAT on All New Houses
Now EU Wants 20% VAT on All New Houses
Thursday, 08 November 2012 11:19
Posted by David Icke
'Brussels has quietly issued a consultation document that proposes scrapping the current zero VAT rating.
The move to charge the full 20 per cent is part of a plan to standardise tax rates across Europe. It would drive up the average price of a new home by £48,000 from £238,000 to £286,000 and have a catastrophic impact on the UK.
The huge increase would price people out of the market, make it even more difficult to get a mortgage and bring the building industry to its knees.'
Read more: Now EU Wants 20% VAT on All New Houses
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