| VAT on house sales packs will net £111m |
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| Monday, 10 April 2006 | |
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Families will be hit by a £111 million stealth tax from next year when they try to sell their homes, the Conservatives have warned. Regulations introduced by John Prescott mean that from 2007 anyone putting their house on the market will be required to produce a home information pack containing all the relevant documents about their property. The pack will also contain a basic survey, called a home condition report, which will cost homeowners between £300 and £700 depending on the size of their house. Read more: HIPSDiscuss this article on the forums. (0 posts) |
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