Isle of Man Widens Scope of Temporary VAT Zero-Rate for Energy-Saving Materials

The Isle of Man Government recently published a notice from Treasury on the widened scope of the temporary VAT zero-rate for energy-saving materials. As previously reported, the Isle of man introduced temporary relief from VAT in the form of a zero-rate on supplies of services and installation of energy-saving materials in the Isle of Man, which had previously been subject to the reduced VAT rate of 5%. This applies from 1 April 2022 to 31 March 2027.

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VAT: Scope of temporary zero-rate…