The HomeOwner Survey 2019 - Concerns, trends and how we feel about our homes

What is impact of VAT cost on improvements? 23% of UK homeowners deterred from renovating because of cost of VAT 1 in 4 don’t improve 31% say they pay cash to avoid VAT costs on improvements 1 in 3 pay cash Incidence of paying cash to avoid VAT cost UK Homeowners Asked by a trades-person/ builder to pay cash in hand to avoid paying VAT 24% Have asked a trades-person/ builder if I could pay cash in hand to avoid paying VAT 13% Chosen smaller builder/ tradesman who did not charge VAT to save on the cost of VAT 18% None of these 39% Don't know/ can't recall 8% Not applicable - I have never hired a builder or trades-person to undertake home improvements or repairs 11% Prefer not to say 3% Net: Payed in cash 31% Sample size: 1337 £ £ £