Day Archives: March 28, 2022

solar-roof

Chancellor announces renewables VAT cut, Installer Award and Solar Together Group Buying Scheme

Spring Statement – VAT cut and business rate exemptions for renewables Firstly, the Chancellor announced households having energy saving materials installed will pay 0% VAT from April 2022, for the next five years. The current list of Energy Saving Materials is defined in the existing VAT guidance (see paragraph 2.9). This includes items like solar panels, insulation, heat pumps and biomass boilers. We will need to wait for the further Treasury guidance to understand if items like batteries for energy …