Sorry but I am confused about the calculation of the tax and I could not find an answer. I know the rate is now 24%, no longer 25%, but I am confused about wheter it is 1.1% or 2%. I see this depends on whether the VC was revised but my house was finished being built, I guess, some time by mid 2008 and I bought it in October 2008. Does that mean it has to be at 2% as presumably there was no previous VC?
Help needed amd thanks in advance
norm