Welcome to Morzak EV, a channel dedicated to all things Electric Vehicles, Electric Vehicle Charging, and all related Technologies.
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In this video, i ask the question should battery storage for homes pay 0% VAT (Value Added Tax), the same as other similar energy saving technologies (ESM Technologies) such as Solar PV, Solar panels, heat pumps, and solar thermal?
Well the government and HRMC is also asking this same question now, and has put out a call for evidence asking people to answer a survey detailing if they think BESS (Battery Energy Storage Systems), otherwise known as EESS (Electrical Energy Storage Systems) should be added to the Energy Saving Measures zero rated VAT initiative. You can access the call to evidence here:
www.gov.uk/government/consult...
I'm calling on all installers and people interested in renewables to fill in the survey, as well asRU-vidrs to inform as many people as possible - I'm looking at you @NicolasRaimo, @efixx, @fullychargedshow, @EVPuzzle, @artisanelectrics, and @ElectricVehicleMan
The questions asked in the survey are as follows:
Do you think battery storage should be included in the relief when:
- Question 1: Retrofitted to a solar panel or other ESMs (please provide details)?
- Question 2: As a standalone technology, not connected to another ESM?
If so:
- Question 3. Can you explain how this type of battery storage would meet each of the 3 objectives set out in Chapter 2?
- Question 4: Can you explain how this type of battery storage operates?
- Question 5: What is the typical cost of installing this type of battery storage in residential accommodation?
- Question 6: What are the advantages and disadvantages of including this type of battery storage within the relief?
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Time Stamps
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0:00 Intro
0:30 VAT Free ESM Currently
1:38 Your Country Needs You
3:30 The 3 ESM Objectives
4:00 Objective 1 - Energy Efficiency
6:13 Objective 2 - Cost Effectiveness
7:51 Objective 3 - VAT Principles
8:35 Call To Action!
9:31 We’re quick to moan when…
29 июн 2024
