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Electric shocker
Key points
- VAT on electricity has caused problems before.
- Supplies of electricity from electric vehicle chargers in public places should be taxed at 20% according to HMRC’s Business Brief.
- Wording of de minimis supplies.
- What constitutes ‘premises’ in the context of public charge points requires clarification.
Ihave worked in VAT long enough to remember the famous scenes in the House of Commons in 1994 when the John Major government controversially ended the zero rating on domestic gas and electricity bills. To put it bluntly there was uproar with MPs waving their papers around with as much excitement as a flock of seagulls spotting a trawler loaded with fish. The chancellor of the day Kenneth Clarke averted a crisis by confirming a rate of 8% instead of 17.5% in effect introducing a third rate of VAT for the first time since 1979. The rate was later...
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