VAT

Number of petrol and diesel cars is predicted to see a drop of 16.6 million units by January 2030, new report suggests

The government is being urged to end the 5% VAT rate on domestic heating fuels and redistribute the revenues to help those on low incomes to heat their homes

A new report by Green Alliance calls on the government to support digital technologies to help the sector recover and drive towards net zero

That’s the suggestion from Jack Cousens, Head of Roads Policy at The AA, who spoke to ELN at the launch of the Electric Vehicle Energy Taskforce Report earlier this week

Under the new law proposed by HM Revenue and Customs, the VAT for new solar and energy storage products will increase from 5% to 20% from October

Supplies of coal as a fuel for homes will continue to receive a reduced 5% VAT rate

Householders could receive a significant price cut when installing “qualifying” solar panels with battery storage technologies. HM Revenue & Customs (HMRC) told ELN a single indivisible supply and installation of solar panels with a battery in residential accommodation would be charged a 5% VAT rate – “on the understanding the battery is linked to the […]

Sainsbury’s and IKEA are among some of the big brands urging Chancellor Philip Hammond to stop the proposed rise in business rates for solar panels. The two companies have joined the Solar Trade Association (STA) and more than 160 organisations including, schools, public institutions and energy suppliers, which are calling on the government to drop […]

At least 17 Conservative Party MPs are backing Labour’s move to block a tax increase on solar panels and other energy saving measures. They have signed up to the Opposition’s amendment which would stop a VAT hike from 5% to 20% which was initially proposed last year. It followed the European Court of Justice’s ruling […]

The UK Government has proposed a massive VAT hike for solar panels and wind turbines. The news comes as the European Commission said the UK’s legislation was not consistent with EU laws and referred it to the Court of Justice of the European Union. The UK currently applies the reduced VAT rate of 5% for […]