Does anyone know the VAT rate for wind turbine in UK? I found alot online shop selling small wind turbine. But most prices are quoted without VAT. Some website quotes the rate is 5%, while others says 15%.
Anyone knows the truth? Thanks alot!
beaumont99 (Guest)
23 Jun 2009, 12:40 PM
They could well be both correct, depending upon the circumstances...
VAT rate on a wind turbine supplied and installed by the same company would incurr the reduced 5% rate
VAT rate on a wind turbine supplied only would be the standard 15% rate
I work for a company that supplies and installs renewable energy appliances, if we were to supply and fit you would be charged 5% VAT on the appliance. If we were to supply only for DIY fitting (or fitting by others) you would be charged 15% VAT
stonealone
26 Jun 2009, 3:28 AM
Beaumont99, thanks so much. Your explanation is in accordance with the regulations I found online.