Builders fear VAT induced slump in work
Published:  21 January, 2011

LONDON: The Federation of Master Builders says that nearly half of all its members expect their workload to decrease this year. The federation warns that the recent rise in VAT will cost jobs within the industry.

Brian Berry, director of external affairs at the federation said: "The VAT increase will result in a two percent decrease in demand for domestic repair, maintenance and improvement work which will mean 11,400 job losses in construction alone by 2019."

Mr Berry expressed concern that the VAT rise will encourage the public to use rogue traders willing not to charge VAT.

"The simple solution is to reduce the rate of VAT on home repairs as this offers the best hope of encouraging take up of the government's Green Deal as well as helping to create jobs in the construction sector," he said.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.