20-02-2016, 07:35 PM
11
Re: EU ups the VAT on energy saving measures
Originally Posted by Patsy
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We will no longer pay 5 per cent VAT to insulate our homes because the EU are ruling it should be 20 per cent VAThttp://www.telegraph.co.uk/finance/p...nsulation.html
Years ago energy was VAT free as was food and newspapers but not in some other eu countries
A Labour Government put VAT on Fuel at the going rate of the time
A later Tory Government tried to remove the VAT off but because of EU LAWS they could only lower it to 5%.....
That is way we have to pay 5% on fuel, but not on installation same on double glazed windows.
22-02-2016, 01:55 AM
15
Re: EU ups the VAT on energy saving measures
HiOnce again we are our own worst enemies.
A quote from the article.
Ms Holland, who is taking part in HMRC's discussions, suggested using a loophole in EU rules that permits lower VAT rates on items used for the "renovation and repairing of private dwellings". This is used in countries such as France to discount certain refurbishment projects, including items not included under the British rules, such as boiler replacements.
Ms Holland said: "We're still working out what the exceptions mean in practice, but it is one possible route to keep the VAT discount.""
Nobody else in the EU has this problem, so why should we, just do what they do, problem solved.
I am fed up with our insistance on referring things back to the EU Courts, we are just stupid.
Germany has been breaking the EU Rules for years, noyhing has happened to them.
As for the EU Energy Firms over charging us, we were the idiots who sold our energy supply companies off to the highest bidder with any effective price regulation, which was a stupid thing to do.
Give the regulator some teeth, our Energy Prices are far too high no matter who owns the companies.
We are indeed known known as Treasure Island, but that is entirely down to us, not the EU.
22-02-2016, 12:24 PM
16
Re: EU ups the VAT on energy saving measures
Agreed swimfeeders. We are largely stupid and TBH I don't put any credibility into any regulator of any service. Regulators are paid/bribed/controlled entities who are there to create the illusion that everything is above board when in reality the crooks are running the show and continue to rip off the UK population.22-02-2016, 12:31 PM
17
Re: EU ups the VAT on energy saving measures
Originally Posted by moreover
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Hopefully Corbyn will renationalise the oil and energy companies then we'll all pay the same, basic charge.
I would be interested to hear from you as to how Corbyn would get the money to renationalise them.
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