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UK to face EU court over Green Deal tax breaks
2013-02-21 13:02:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The European Commission has confirmed it will take the UK to court in an attempt to force the Treasury to impose the full rate of VAT on energy-saving goods, warning tax breaks will not help deliver the aims of the government's flagship Green Deal energy efficiency scheme. The commission issued a statement this morning confirming it will refer the UK to the EU Court of Justice over the practice of imposing reduced VAT rates on green goods. The UK Treasury charges a lower five per cent rate...
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Category:Electronics and Electrical