domestic electricity

Temporary zero rate of VAT for domestic electricity confirmed

24 September 2026| CATEGORIES: domestic electricity, VAT rates, zero rate| TAGS: , , , ,

A temporary zero rate of VAT will apply to qualifying supplies of electricity from 1 October 2026 to 31 March 2027. With the zero rate due to take effect on 1 October 2026, affected businesses have a short period in which to complete their implementation work. Changes to VAT rates can create practical challenges, particularly where businesses need to distinguish between supplies made before and after the effective date.

READ MORE
reduced rate VAT

HMRC launch letter campaign to energy suppliers on reduced VAT rate errors

22 September 2023| CATEGORIES: domestic fuel, HMRC campaign, reduced VAT rate| TAGS: , , ,

HMRC have launched a ‘one-to-many’ letter campaign aimed at energy suppliers, regarding the reduced VAT rate for supplies of fuel and power. HMRC are asking that suppliers review their systems and processes for accounting for VAT, to ensure they are accounting for VAT in line with HMRC’s published guidance.

READ MORE

Ready to optimize your global VAT operations? Let’s discuss how we can help.

    RBCVAT needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.