Tag: VAT

VAT to be removed from energy storage systems

The government plans to remove VAT from standalone home energy storage systems from February 2024.

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Builders Merchants Federation calls for retrofit VAT cut

The Builders Merchants Federation (BMF) has urged the government to eliminate or significantly reduce the rate of VAT for retrofit work on existing homes.

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Conservative Environment Network calls for VAT cut for retrofit

Ahead of today’s Spring Statement, a group of Conservative Environment Network (CEN) MPs has urged the Chancellor to cut VAT for energy-saving products and home installation to 5%. The move could cut the cost of installing cavity insulation by £142 and loft insulation by £120 for the average household,  lowering energy bills by up to […]

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