Please choose the 5% VAT option, unless you:
– Intend to resell the product
– Are a charity and will use the product for more than 60% non-business use
For full details of the relevant laws please see HMRC Reference: Notice 701/19 https://www.gov.uk/guidance/vat-on-fuel-and-power-notice-70119. A guide to the appropriate rate is given below. Please note that LC Energy will not be held responsible for the incorrect application of a VAT rate to your purchase. It is your responsibility to ensure that you understand the legislation, by agreeing to our terms and conditions you certify that your purchase is compliant with the relevant legislation.
Fuel purchases for domestic use incur VAT at the reduced rate of 5%. Businesses may apply the reduced rate providing they meet the requirements in the legislation. Where businesses do not satisfy these requirements, they are obliged to pay the standard VAT rate of 20%.
All other purchases are made at the standard VAT rate of 20%. Please ensure when making a purchase the appropriate VAT rate is levied.