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. However, that is not always the case, particularly with renewable and embedded generation, and with auctions carried out by the Non-Fossil Purchasing Agency (NFPA).

This brief clarifies that your supply of electricity is excluded from

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