Leicestershire builder calls for VAT decrease
Hundreds of construction jobs are likely to be lost in the East Midlands unless the government reduces the rate of VAT on house extensions and conversions, a Leicestershire builder said.
Builder Kevin Ellis said his firm's turnover had dropped by 20% since VAT went up last January.
The businessman said he was worried the drop in income would force him to lay off some staff.
Carolyn Moses reports.
13 Jan 2012
- From the section Leicester