The VAT rise in the budget that did not get a mention

Oswald

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Cross-posted from the "Politics & Economy" forum, but relevant to those here interested in smart thermostats, heating, solar panels, etc:

"On 4 June last year the European Court of Justice upheld a complaint against UK tax policy brought by the EU Commission. They argued successfully that the UK is not allowed to tax “energy saving materials” at just 5% but has to impose a full 20% VAT on them. A long list of green or energy saving products, including insulation, draught strip, central heating controls, hot water system controls, solar panels, wind and water turbines, ground and air source heat pumps, micro combined heat and power units and biomass boilers are all subject to our reduced rate and were all adjudged illegal."

The VAT rise in the budget that did not get a mention
 
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Tha'ts very interesting and useful to know. Thinking of putting in a new heating system in soon.

But it does demonstrate that Brussels dictates have to be applied and Parliament has to follow.
 

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