Where the 60% threshold is exceeded, the value of the supply will need to be apportioned between materials and labour. the 60% threshold is not exceeded (read paragraph 2.4).
one of the social policy conditions is satisfied (read paragraph 2.3).However, an installation of energy-saving materials in residential accommodation only benefits from the reduced rate where either: The reduced rate applies whether or not the installation is grant funded and includes the price of the goods themselves. In Northern Ireland, the reduced rate continues to apply to the installation of certain specified energy-saving materials (read paragraph 2.9) in, or in the curtilage of residential accommodation (read paragraph 2.20). Neither the social conditions test, nor the 60% test detailed in paragraph 2.4 will need to be applied. Installations of energy-saving materials 2.1 Reduced-rated and zero-rated installationsįrom 1 April 2022 until 31 March 2027 a zero rate applies to the installation of certain specified energy-saving materials (read paragraph 2.10) in, or in the curtilage, of residential accommodation in Great Britain (read paragraph 2.21). You can find more information about current rates of VAT. Schedule 8, group 23 (as inserted by the Value Added Tax (Installation of Energy-Saving Materials) Order 2022) specifies when installations of energy-saving materials in Great Britain are zero-rated during the period 1 April 2022 to 31 March 2027.
The VAT Act 1994, section 30 holds that goods and services specified in schedule 8 to the act are zero-rated. Schedule 7A, group 3 specifies when grant-funded installations of heating equipment and security goods are reduced-rated. Schedule 7A, group 2 (as amended by The Value Added Tax (Reduced Rate)(Energy-Saving Materials) Order 2019) specifies when installations of energy-saving materials in Northern Ireland are reduced-rated. The VAT Act 1994, section 29A (as inserted by the Finance Act 2001) holds that goods and services specified in schedule 7A to the act are reduced-rated. You should read this notice if you’re a contractor or subcontractor installing: Information on the liability of other building work is explained in Buildings and construction (VAT Notice 708) and Reliefs from VAT for disabled and older people (Notice 701/7). This notice explains when the installation of energy-saving materials and heating equipment is reduced-rated in Northern Ireland and zero-rated in Great Britain (England, Scotland and Wales).
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