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Retrofitting to decarbonise UK existing housing stock - RICS

Retrofitting to decarbonise UK existing housing stock RICS net zero policy position paper RICS net zero policy position paper Contents Executive Sector Emissions Policy Energy Efficiency 10. Energy Performance 12. Embodied Carbon .. 15. Industry Standards .. 15. Industry Specifications .. 16. Drivers to Retrofitting Homes ..17. Taxation 19. Variable Stamp 19. Reduction on VAT for Home 20. Green 21. 23. 2. Foreword Achieving net zero carbon by 2050 is undoubtfully one of the greatest ambitions set by the UK Government in the drive to tackle climate change.

Government should review the impact of applying VAT to demolition works to encourage owners to upgrade where considered effective, and consider any positive impact that may encourage local authorities to seek alternate uses for older, derelict or abandoned stock. RICS recommends that any home renovation fiscal mechanisms are provided alongside a

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