VAT on intelligent lighting

Keeping up the good work, here’s my first new substantive post – HMRC have announced that intelligent lighting can now be zero rated, where applicable.  Or else 5% rated, again if applicable.  But first, a bit of background: Since 1973, with a few exceptions, there has been no VAT cost, in building a new house.  … Read more VAT on intelligent lighting

Energy saving materials to be attacked by the EU

The EU has asked the UK to amend its rules on energy saving materials, which are currently subject to the 5% VAT rate, on a ‘supply and fit’ basis. Under EU VAT rules, the UK (and other member states) can only apply a reduced rate on a specified number of goods and services. Energy saving … Read more Energy saving materials to be attacked by the EU

Budget 2010 – VAT changes

As ever, the Budget didn’t appear too interesting in terms of VAT changes. Indeed I came across a headline indicating that there would be no changes to VAT. Look a bit further though, and there were quite a few changes, although admittedly nothing to get anybody terribly worked up about. VAT registration limit goes up … Read more Budget 2010 – VAT changes

Sunday Times article about listed buildings

I’ve thus far resisted the temptation to turn this blog into a Mr Angry column, but I’ve got to record an element of displeasure about an article about listed buildings that appeared in the Sunday Times a couple of weeks ago.  It contained an incorrect statement about VAT, attributed to me. A few days before … Read more Sunday Times article about listed buildings