What is the VAT rate on electricity?

Can I claim a proportion of 5% rate VAT on domestic electricity as output tax for my business.......?

  • ......when i am using my home as business premises

  • Answer:

    good point, it depends if 5% vat is the same rate businesses are charged vat on electric? or is it a special, domestic lower rate? If businesses pay more vat, its self canceling, as youd theoretically be paying higher, to claim it back.

paul p at Yahoo! Answers Visit the source

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