Saturday, February 23, 2013

UK to face EU court over Green Deal tax breaks

BusinessGreen: The European Commission has confirmed it will take the UK to court in an attempt to force the Treasury to impose the full rate of VAT on energy-saving goods, warning tax breaks will not help deliver the aims of the government's flagship Green Deal energy efficiency scheme. The commission issued a statement this morning confirming it will refer the UK to the EU Court of Justice over the practice of imposing reduced VAT rates on green goods. The UK Treasury charges a lower five per cent rate...

URL: http://www.businessgreen.com/bg/news/2249686/breaking-uk-to-face-eu-court-over-green-deal-tax-breaks?WT.rss_f=Home&WT.rss_a=Breaking%3A+UK+to+face+EU+court+over+Green+Deal+tax+breaks

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