Did you know that you can save money on your energy-efficient home upgrades through the government’s 0% VAT scheme? This scheme applies to a wide range of energy-saving measures and can help you to make the most of your investment. Here are some of the benefits of the 0% VAT scheme:
1. Lower Costs: By not having to pay the standard 20% VAT on energy-saving measures, you can save a significant amount of money on your home upgrades. This can help to make these upgrades more affordable and accessible to more homeowners.
2. Energy Savings: By investing in energy-saving measures such as insulation and energy-efficient appliances, your energy consumption should reduce leading to potential savings on your energy bills. This could help to offset the initial cost of the upgrades and provide long-term savings.
3. Environmental Benefits: Investing in energy-saving measures can also help to reduce your carbon footprint and contribute to a more sustainable future. By reducing your energy consumption, you can help to lower your impact on the environment and make a positive difference to achieving net zero.
Some of the energy-saving measures covered under the 0% VAT scheme include insulation, solar panels, and heat pumps. If you’re considering making these upgrades, be sure to take advantage of the 0% VAT scheme to save money and make the most of your investment.
At Lendology, our loans funded by local councils are a great option for homeowners looking to invest in renewable energy or energy efficiency measures.
