Reduced 5% VAT rate for the home
The 5% VAT rate currently applies to Space Air Daikin heat pump systems that heat and cool. However, the European Commission is attempting to standardised VAT rates across it’s member states, so we suggest that you take advantage of the reduced VAT rate while it is still available!
The reduced VAT for energy saving materials mainly applies to residential applications such as houses, flats or other dwellings. However at this present time the reduced VAT also applies to armed forces residential accommodation, children’s homes, homes providing care for the elderly, disabled or people who suffer drug or alcohol dependency or mental disorder, hospices, school and University residential accommodation, self catering holiday accommodation, permanently sited caravans (7m plus long or 2.3m wide) and permanent residential houseboats (subject to council tax). Charities providing certain social, recreational or residential facilities may quality until April 2013.
Why choose Space Air?
We pride ourselves on our knowledge and expertise of heat pump systems and can work with you to identify the requirements and advise on the right solution.
Space Air also has the facilities and creativity in-house to design and manufacture bespoke components for your unique projects that require a different approach.
If you would like further information please visit; http://www.hmrc.gov.uk/vat/sectors/consumers/energy-saving.htm/. Note: The link relates to the current status only. Space Air will advise when more is announced about VAT changes.