HMRC have now published some guidance on the VAT treatment of various transactions relating to the installation of energy generating equipment and the receipt of feed-in tariff payments from electricity companies. There are three main scenarios to be considered:
Case study A
A homeowner buys and installs solar PV or a wind turbine on their private home or land – the supply of the equipment will be subject ...
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The Department for Energy & Climate Change (DECC) has recently published the results of its comprehensive review of the Feed-in Tariff. Wind and Anaerobic Digestion (AD) rates remain unaffected but under the proposed changes, Solar PV tariffs for installations up to 250kW will be substantially reduced. In addition, the proposed implementation date has been brought forward from 31st March 2012 to 12th December 2011, creating ...
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The Government is aiming for 12% of the UK's heat demand to come from renewable sources by 2020, a major increase from the current level of just 1.5%. Of the 12%, it is anticipated that only 1% will come from the domestic sector, which may help to explain why the Renewable Heat Incentive (RHI) is being launched in two phases. The RHI was meant to ...
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