Welfare Reform on the Web (March 2004): Social Housing - UK

THE HOUSING BILL

Social Housing Law and Practice, Issue 9, 2004, p.2-9

The article examines the latest Housing Bill, introduced in December 2003. It focuses on the provisions most relevant to social housing, including housing conditions, licensing, management orders and overcrowding.

REVENUE VAT RULING THREATENS DRIVE TO IMPROVE COUNCIL HOUSES

N. Timmins

Financial Times, February 19th 2004, p.4

Government has encouraged councils to transfer their housing stock to registered social landlords to facilitate new investment in refurbishment. However the Inland Revenue is no longer allowing money spent on repairs to be offset against corporation tax assessments. This increase in corporation tax will reduce investment in repair of social housing.