HMRC has announced plans to increase the VAT rate on the installation of solar panels in residential accommodation to 20% with effect from 1 October 2019. This follows long standing infraction proceedings against the UK by the European courts who found that the UK had taken too wide an interpretation of the reliefs available for qualifying energy saving materials (ESMs). Whilst the UK tried to argue their case, the European courts agreed that the UK legislation was not fully compliant with EU law.
Source: pkf-francisclark.co.uk
Latest Posts in "United Kingdom"
- Mandatory B2B e-invoicing as of April 2029
- Policy paper – Plastic Packaging Tax: mass balance approach and removal of pre-consumer plastic
- VAT in the UK – A comprehensive up to date guide
- Autumn Budget 2025: Key VAT and Indirect Tax Changes Impacting UK Businesses and Charities
- VAT Exemption for Locum Doctors: Key Implications for NHS Trusts and Medical Providers
