Commentary

RCB/28/14 VAT—domestic reverse charge for businesses wholesale trading in gas and electricity – further information on Revenue & Customs Brief 23/14

Part V16 Forms and other HMRC material

RCB/28/14 VAT—domestic reverse charge for businesses wholesale trading in gas and electricity – further information on Revenue & Customs Brief 23/14

RCB/28/14 VAT—domestic reverse charge for businesses wholesale trading in gas and electricity – further information on Revenue & Customs Brief 23/14

Revenue & Customs Brief, Issue 28. 15 August 2014

Introduction

The reverse charge for domestic gas and electricity took effect from 1 July 2014. This brief supplements and clarifies the guidance published in RCB/23/14.

Who needs to read this

Those who have read RCB 23/14 and businesses registered or liable to be registered for VAT that buy or sell wholesale gas and electricity in the UK.

Power Purchase Agreements (PPAs)

RCB/23/14 indicated that PPAs are all wholesale supplies and subject to the domestic reverse charge.

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