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The tax that penalises work on existing homes
A 20 per cent charge sits on almost every extension, rewire, re-roof, damp repair and loft conversion carried out on the 29 million homes we already have. This is a decision, and it is the most distorting feature of the tax system as it applies to the built environment. The anomaly is simple. Demolish a house and build a new one, and the work is zero-rated, with VAT on inputs recovered in full. Repair, extend or retrofit that same house, and it's taxed at 20 per cent, with th

Joe Garner MRICS
Aug 44 min read
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Bridging the Gap Between Vision and Delivery: How SME Builders Can Achieve Cost Certainty
Every construction project begins with a clear idea of what it should become. Yet for many SME builders and developers, the journey from vision to delivery is where challenges start to appear. Rising costs, unclear scopes and misaligned professional teams can quickly derail even the best intentions. At Axo, we work with SMEs who want the benefits of experienced commercial support without the overhead of a full-time in-house team. Our goal is simple: to help you deliver projec

Joe Garner MRICS
Nov 30, 20242 min read
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