6
MARCH 2015 PRO INSTALLER
PRO NEWS
www.proinstaller.co.uk
“BOOST OUR INDUSTRY”
Ahead of this month’s Budget, the Glass and Glazing Federation (GGF) has
written to the Chancellor, George Osborne MP to outline GGF Members’
concerns on several issues that are affecting the Glass and Glazing industry.
In his letter to the
Chancellor at the end
of February, Nigel Rees,
GGF Group Chief Executive, referenced the
importance of energy efficient windows
for homeowners and
growth in both local
and national economies.
The GGF highlighted
how the 20% rate of VAT
has created an uneven and
un fair playing field that
energy efficient installation
companies and homeowners
face when installing energy
efficient glazing.
Nigel Rees commented:
“Like most other energy
efficient products, windows
and doors that have been
specifically designed to
save energy should receive
‘lack of incentives
for homeowners
to make their
homes more
energy efficient’
the lower 5% rate of VAT
that applies to other energy
efficient products. There
are significant long term
benefits if the VAT rate on
energy efficient glazing is
reduced from the current
rate of 20% to a rate of 5%.
This inequality is both a
disincentive for homeowners to install energy efficient
glazing and also a trading
disadvantage for glass and
glazing companies. Once
again, we urge the Treasury
to seriously look at the possibility of reducing the VAT
rate to boost our industry
and the economy as well as
improving the UK’s housing stock over the next ten
years and beyond.”
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Also in the letter the GGF
outlines the lack of incentives for homeowners to
make their homes more
energy efficient through
schemes such as the Green
Deal and ECO, with the
suggestion of an incentive
through a lower rate or
refund in council tax.
Chancellor George Osborne will announce the
Government’s Budget 2015
on Wednesday 18th March
2015.
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