Late last month, HMRC clarified its policy concerning the VAT treatment of charging electric vehicles using charging points in public places. In particular, it clarified that the standard rate of VAT does apply to electricity used to charge electric or plug-in hybrid vehicles through these charging points and it also explained how VAT can be recovered.
Source: cambridgeshirechamber.co.uk
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case