Positive but incomplete Ken MacDonald, managing director of Hooke & MacDonald, said: “The reduction in Vat in the Budget from 13.5 per cent to 9 per cent will help to stimulate the construction of a certain number of new apartments. It had been hoped that Vat would have been removed altogether on new apartment delivery
The Business Post: Budget 2026 and the Vat cut on new apartments: A bold shot at viability or just playing catch-up?