The UK applies a reduced VAT rate of five per cent to qualifying installations of energy-saving materials in private homes, with the installation of solar panels, insulation, draught-stripping and air-source heat pumps all potentially included in the relief. However, in recent years, legal disputes have effectively narrowed the scope of this lower rate to the point that very few householders can benefit from the relief, and most end up paying VAT at the full rate of 20 per cent on environmentally driven upgrades to their homes.
Source RSM
Latest Posts in "United Kingdom"
- UK Implements EPR Scheme: Producers Pay Fees for Packaging Waste Management Starting 2025
- Rachel Reeves Considers VAT Adjustments Amid Budget Challenges Despite Labour’s Pledge
- Cayman Implements New Taxes on Imported Vehicles
- Tribunal Rules Nitrous Oxide Not Zero-Rated Food in Telamara VAT Case
- HMRC Updates VAT Notice 700/18: New Guidelines for Bad Debt Relief Claims
