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For ballpark numbers, I am not worrying about 15%. e.g. will your batteries last 10yrs, 20yrs, or more, is a bigger unknown. But to try answering your questio
by bainsfather 11y ago
For ballpark numbers, I am not worrying about 15%. e.g. will your batteries last 10yrs, 20yrs, or more, is a bigger unknown.
But to try answering your question, here [0] the UK govt says it is 5% for battery banks for wind power, and for hydro power. Solar is not mentioned, my guess would be that the rate on the battery we are discussing is 5%.
[0] https://www.gov.uk/government/publications/vat-notice-7086-energy-saving-materials/vat-notice-7086-energy-saving-materials https://www.gov.uk/government/publications/vat-notice-7086-e...
- ptaipale 11y agoYes, this is not at all relevant for ballpark numbers, I was just interested whether the VAT rules appreciate the fact that these batteries are for alternative energy and not just generic consumer goods. I'm afraid my country (Finland) taxes them with 24 % VAT just like almost everything else.