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VAT 5% rate on energy saving materials drop to 0%

Chancellor Rishi Sunak announced last month in his Spring Statement, that energy-saving materials are no longer subject to VAT from 1st April 2022.

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What is the Domestic Reverse Charge DRC?

Powered Now, the Field Service Management Software looks at the new VAT Domestic Reverse Charge (DRC) system.

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What is Making Tax Digital (MTD)?

Making Tax Digital (MTD) is the HMRC project designed to get all businesses and individuals to start keeping their accounting and tax records on a...