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Lowering the sales tax (VAT) on work to modernise buildings would also help towards energy efficiency, he told the BBC.
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Singapore has no import tax, Mr. Mizuma noted, and he pays only 7 percent VAT on the work he sells here.
There could be a new, lower rate of VAT on building work, aimed at making routine household maintenance more affordable.
The chancellor's decision to slap VAT on restoration work made to historic buildings has prompted Pamela Greener, a former tax accountant, to play Victoria Wood, writing and recording a song called The VAT Ditty, which she has posted on YouTube.
He called for a relaxing of planning regulations on brown-field sites and a reduction of VAT on home improvement work to help the industry.
If a chancellor of the exchequer decides to cut VAT on domestic energy, they work out what it will mean for growth and jobs.
It said it welcomed plans to target additional funding towards "shovel-ready" construction projects but criticised the chancellor for not introducing a "targeted" cut in VAT on building repair and maintenance works to stimulate smaller-scale building activity.
The voice of new politics advises a low-key budget, confined to two pre-election pledges: the "windfall profits" levy on privatised utilities to pay for welfare-to-work and a cut in value-added tax (VAT) on domestic fuel.
"If you put VAT on hot takeaway food, aren't you going to lose customers, put people out of work and get less tax in the end?" he said.
Motorists also pay 20% VAT on fuel.
Britain waives VAT on petrol, but not on other goods.
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