UK Government: 0% VAT Announced for Solar Panels

Rishi Sunak VAT removed solar panels

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 April 2022 and last for five years, until 2027.