Attention Universities

Did you know that as a university you could qualify to pay just 5% VAT on university green initiatives with Chalmor? 

That’s right, just 5% as opposed to the usual 20% on green initiatives for residential properties. Want to find out if your project qualifies?  Follow our link below to the HMRC site, or if you were thinking about a heating or lighting project call the Chalmor Team now on 01582 748700

What qualifies for the lower rates of VAT?

Installation of any of the following qualifies for the lower rate of VAT:

• Installation of any of the following qualifies for the lower rate of VAT:
• controls for central heating and hot water systems
• draught insulation (eg around windows and doors)
• insulation on walls, floors, ceilings, lofts, etc
• solar panels
• wind turbines
• water turbines
• ground-source heat pumps
• air-source heat pumps
• micro combined heat and power units
• wood-fuelled boilers

You can only get these lower rates if the energy saving materials are supplied and fitted as part of a single contract. You’ll be charged the lower rate on the installation work itself as well as the materials.

You’ll also get the lower rate on any necessary extra work that needs to be done as part of the installation.  This doesn’t apply if you’re having materials installed as part of a larger project such as building a new roof or an extension, or installing a central heating system.

Visit http://www.hmrc.gov.uk/vat/sectors/consumers/energy-saving.htm