HughF Posted April 11, 2022 Share Posted April 11, 2022 Umm, are we expecting an imminent 0% VAT rating on ashps ? I heard that the chancellor has this planned, just wondering if/when we’ll see it in the shops. Looking to drop some coin on one this quarter, and loosing the vat would be handy. Link to comment Share on other sites More sharing options...
joe90 Posted April 11, 2022 Share Posted April 11, 2022 It would be better if he reduced VAT on all insulation.! 2 Link to comment Share on other sites More sharing options...
ProDave Posted April 11, 2022 Share Posted April 11, 2022 On past recent performance it will probably only be 0% VAT on supply and fit by an accredited installer. Link to comment Share on other sites More sharing options...
HughF Posted April 11, 2022 Author Share Posted April 11, 2022 5 minutes ago, joe90 said: It would be better if he reduced VAT on all insulation.! Agreed... But 0% vat on panels/inverters/ashps isn't to be sniffed at (if it actually comes through) Link to comment Share on other sites More sharing options...
HughF Posted April 11, 2022 Author Share Posted April 11, 2022 Just now, ProDave said: On past recent performance it will probably only be 0% VAT on supply and fit by an accredited installer. Of course it will..... where's that facepalm emoji.... Link to comment Share on other sites More sharing options...
JohnMo Posted April 11, 2022 Share Posted April 11, 2022 Read for yourselves. Implementation 1 April Installed products only. But lots of conditions, inclusions and exclusions. https://www.gov.uk/guidance/vat-on-energy-saving-materials-and-heating-equipment-notice-7086 Link to comment Share on other sites More sharing options...
HughF Posted April 11, 2022 Author Share Posted April 11, 2022 1 hour ago, JohnMo said: Read for yourselves. Implementation 1 April Installed products only. But lots of conditions, inclusions and exclusions. https://www.gov.uk/guidance/vat-on-energy-saving-materials-and-heating-equipment-notice-7086 Cheers, thanks for posting the link. Ah well, vat it is then. Link to comment Share on other sites More sharing options...
joth Posted April 11, 2022 Share Posted April 11, 2022 It's pretty ridiculous really isn't it. VAT is normally associated with "luxury" goods rather than basic essentials. So buying a device to efficiently heat your own house is considered a luxury, but if you also pay someone else to do the installation of said device for you, it's no longer a luxury. Section 2.7.4 is also insane. Basically you need to break up large jobs into discreet bits to be able to zero rate parts of the work on a large project. Even though that adds risk for the customer and supplier, and the joining up of the pieces maybe worse for it. (I'm thinking about big ticket items like EWI that needs designing into the wider scheme of a retrofit, not something trivial like TRVs that they cite as an example) 2.7.4 Mixed supplies Where you’re undertaking more than one job at the same premises, the VAT liability will depend upon the circumstances. For example, if you’re contracted to build an extension and, as part of the same contract required to fit thermostatic valves to all the radiators in the house, this is a single standard-rated supply of construction services. However, if you have a contract to build an extension and sometime after the work has commenced, the homeowner separately asks you to install thermostatic valves, this is a separate supply. 2 Link to comment Share on other sites More sharing options...
joe90 Posted April 11, 2022 Share Posted April 11, 2022 Yes, the poor (me included) can’t afford to pay others to do the work but non poor people can 🤷♂️. Go figure Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now