UK Government: ‘0% VAT For Solar Panels & Clean Energy Tech’

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THE CHANCELLOR OF THE EXCHEQUER, Rishi Sunak, announced that he will be scrapping 5% VAT for ‘homeowners who have solar panels, heat pumps and insulation installed’ – “they will pay zero”. These changes will come into effect in April 2022 and last for five years, until 2027. Mr Sunak claims that families who have solar panels installed could see tax savings worth around £1,000.

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