VATupdate

Share this post on

HMRC confirms 20% VAT rate for public EV charging

HMRC explained that de minimis – a mechanism that allows a 5% VAT rate for supplies of small quantities of electricity – does not apply to public EV charging, and that there is therefore no relief or exemption to the standard VAT rate of 20%.

Source: current-news.co.uk



Sponsors:

VATIT Compliance
Pincvision

Advertisements:

  • Exchange Summit