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Challenging the government on sustainability: incentivising through tax

Posted on: 23 February 2012
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Filed under: News

As much as 20% of total UK commercial stock could become unlettable in 2018 if the necessary action is not taken to improve the sustainability of existing stock. A report from GVA outlines four specific ways in which the tax system could help to produce a much more energy efficient building stock and help stimulate the economy: Incentivise through Stamp Duty Land Tax; Incentivise through the business rates system; Introduce rating exemptions for plant and machinery; Change the way capital allowances are calculated.

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