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Energy-saving materials reduced rate consultation

HMRC is consulting until 3 February 2016 on draft legislation for Finance Bill 2016 which amends the application of the UK’s 5% reduced VAT rate on the installation of certain energy saving materials to comply with a recent European Court decision. The government intends the changes to come into effect from 1 August 2016. See www.bit.ly/1IGpiwr.

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