How much VAT does the builder who is currently demolishing an old house pay to build a new one? 24,000 euros, or will that be 84,000? Four months before the end of the reduced VAT rate of 6 percent on demolition and reconstruction, there is still the greatest uncertainty about a possible extension. “In the meantime, the oldest homes remain unsold,” according to the real estate sector. Hello sir, what will it be?
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Four months before the end of the temporary VAT reduction, uncertainty remains: will VAT on demolition and reconstruction go back to 21 percent?
