Planning

All posts tagged Planning

Muted Withdrawal of 5% on Energy Saving Materials

by Berthold Bauer on November 17, 2015

The European Court of Justice has found that the UK has applied the Reduced Rate of VAT too widely in allowing the 5% rate on domestic supplies of energy saving materials. Generally the reduced rate can only be used for ‘social policies’ and using it as a general incentive for green measures is not sufficient – furthermore doubt has been raised as to the types of materials, as they do not fall into the permitted categories of ‘renovation of alteration of housing’.

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Berthold BauerMuted Withdrawal of 5% on Energy Saving Materials

Using Planning as an Argument for VAT

by Berthold Bauer on November 17, 2015

Although a case specifically concerning itself with new build for charitable and residential purposes; the York University Case does contain useful insight into how HMRC (and the Courts) consider phased works. This can be applied to 5% schemes where properties are either converted or brought back into use after a period of abandonment. The 5% VAT rate relates to the physical conversion of such a property and once ‘complete’ the 5% rate is expired.

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Berthold BauerUsing Planning as an Argument for VAT