VAT: reverse charge for renewable energy certificates
This news release is issued to publicise the introduction of a reverse charge for supplies of renewable energy certificates.
With effect from 14 June 2019, a reverse charge is imposed on supplies of gas and electricity certificates also known as “renewable energy certificates”.
As a general rule, the supplier of goods or services is requires to account for value added tax on that supply.
For supplies of gas and electricity certificates, the recipient of the supply, rather than the supplier, is required to account for and pay any value added tax due.
Further information can be found in HMRC’s Revenue and Customs Brief 04/2019 and in VAT Notice 735
