#1 Jan. 14, 2014 17:50:00

lhall
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Claim VAT back on your PV installation


Did anyone here realise that owners of PV (like myself) can claim the VAT back on their installation?  Since I bought mine in 2011, I think that it would be well worth trying!


See this article online:


http://bit.ly/1kA9UoM


I'd love to know if anyone has tried to claim!


Lisa


=========


Dr Lisa Clark Sheffield Solar Farm





Edited lhall (Jan. 14, 2014 17:50:00)

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#2 Jan. 16, 2014 10:25:00

gary.caldwell@ncl.ac.uk
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Claim VAT back on your PV installation


That article is dated November 8th 2013 and says that further clarification would come in the Chancellor's Autumn Statement, but I don't recall this being covered in said statement. Maybe I missed it?


Can't say I'd be looking forward to the administration, potentially having to submit quarterly VAT returns if it is treated in the same manner as a regular VAT registered business. I find it taxing enough (boom boom) doing my annual self assessment return without heaping VAT returns on top of that.


Also, as speculated in the article in relation to maintainance, if VAT on roof repairs can be reclaimed where does it stop? Could we potentially look to reclaim the VAT on the energy saving measures i.e. insulation, that we had to install to bring properties up the the required EPC rating to qualify for the FIT?


This could potentially be a bureauocratic nightmare.





Edited gary.caldwell@ncl.ac.uk (Jan. 16, 2014 10:25:00)

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#3 Jan. 20, 2014 10:31:00

lhall
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Claim VAT back on your PV installation


Hi Gary,


I think you could be right - it could be very bureaucratic.  I am intrigued in the process, in case it looks harder than it is.  I submit quarterly VAT for my own company and it isn't that difficult when done online (though it is an annoying overhead). 


I wonder if it would be worth registering just to claim initial VAT and then closing the account.  It might just not be worth the effort though!


I've asked a friend to look into the process (he's a tax lawyer and these things are trivial to him).


====


Dr Lisa Clark Sheffield Solar Farm





Edited lhall (Jan. 20, 2014 10:31:00)

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#4 Jan. 20, 2014 13:12:00

rogerhoward
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Claim VAT back on your PV installation


Is it not only a genuine ongoing business that can be VAT registered, i.e. continuing to both trade and make VAT submissions? Ours are indeed genuine businesses continuing to trade and supply VAT-liable supplies - our electricity - as stated by the ruling.


But would we be if we immediately deregistered again, Lisa?







Economy 10 tariff provides 6.9p/kWh off-peak import between 12am-5am, 1pm-4pm and 8pm-10pm; http://www.pvoutput.org/aggregate.jsp?id=21047&sid=18934&v=2&t=m on approx. 63% off-peak usage, 22% solar usage, and 15% peak-rate usage.
1,900kWh annually is exported, mostly in summer, on approx. 3,200kWh generation. Approx. 4,500kWh/year is imported, mostly for (a) winter and springtime off-peak Storage Heaters, and (b) off-peak hot water Immersion heating (which is “dumb”, i.e. not linked to the solar PV).
PV array is split East-West. Income is from Phase II 21p/kWh Feed-in-Tariff plus smart metered 3.2p/kWh Export Tariff.

Edited rogerhoward (Jan. 20, 2014 13:12:00)

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#5 Jan. 21, 2014 13:14:00

rogerhoward
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Claim VAT back on your PV installation


The further meaning of the article I take to be that a VAT-registered rooftop solar generating business like one of ours would be periodically - say annually - invoicing our electricity supplier (or accepting reverse charging as at present) for not just our Exported electricity to them, but also the 5% VAT on that ‘deemed 50%’ supply of electricity.


They would be claiming back the VAT from HMRC and we would be paying it to HMRC, along with an annual declaration.


On that annual declaration we could also reclaim back the VAT charged to us on any business expenses. Normally this might be just the VAT we pay on the grid connection standing charges, but from time to time we might also have incurred VAT on repairs, etc to reclaim. This too appears to be the ongoing meaning of the EU ruling.


Hopefully we will all belatedly but soon be getting our free Smart Metering with export metering capability.


(And all of us without something like immersion-switching will likely then see at least 50% being exported too.)







Economy 10 tariff provides 6.9p/kWh off-peak import between 12am-5am, 1pm-4pm and 8pm-10pm; http://www.pvoutput.org/aggregate.jsp?id=21047&sid=18934&v=2&t=m on approx. 63% off-peak usage, 22% solar usage, and 15% peak-rate usage.
1,900kWh annually is exported, mostly in summer, on approx. 3,200kWh generation. Approx. 4,500kWh/year is imported, mostly for (a) winter and springtime off-peak Storage Heaters, and (b) off-peak hot water Immersion heating (which is “dumb”, i.e. not linked to the solar PV).
PV array is split East-West. Income is from Phase II 21p/kWh Feed-in-Tariff plus smart metered 3.2p/kWh Export Tariff.

Edited rogerhoward (Jan. 21, 2014 13:14:00)

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#6 Jan. 22, 2014 09:45:00

lhall
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Claim VAT back on your PV installation


Roger and Gary,


I think that you are right.  For the 5% VAT, it would make it a lot of hard work for very little gain.  I had forgotten it was only 5%.  Silly of me!


=====


Dr Lisa Clark Sheffield Solar Farm





Edited lhall (Jan. 22, 2014 09:45:00)

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#7 Jan. 22, 2014 12:58:00

bhommels
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Claim VAT back on your PV installation


I think it is still sufficiently attractive to consider, especially if the 5% VAT on the standing charge could be reclaimed as well.


Lisa, could you follow up on this and let us know what your tax lawyer friend thinks of this please?





Edited bhommels (Jan. 22, 2014 12:58:00)

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#8 Oct. 31, 2015 20:05:12

iconicenergy
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Claim VAT back on your PV installation

Hi

Anyone managed to claim the Vat back on A:The PV system and B The considerable Standing charged(75% of my bill!)

Cheers
Bryan

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#9 Oct. 31, 2015 20:07:26

iconicenergy
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Claim VAT back on your PV installation

Hi

Anyone managed to claim the Vat back on A:The PV system and B The considerable Standing charged(75% of my bill!)

Cheers
Bryan

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#10 Nov. 2, 2015 09:59:07

Thackie
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Claim VAT back on your PV installation

Successfully claimed VAT back on PV system in 2010 our friends claimed all VAT back on PV and self build earlier this year.
Not sure what standing charge you refer to as the only standing charge we have is on the utility import bill.

To successfully claim you will need full VAT invoices and make a VAT return we have found our local HMRC office helpful in that respect.

All the best
Kevin

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