Boiler Guide backs Growing Industry Campaign Calling for VAT On Boilers To Be Reduced : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

Boiler Guide backs Growing Industry Campaign Calling for VAT On Boilers To Be Reduced

June 2, 2011

Boiler Guide backs Growing Industry Campaign Calling for VAT On Boilers To Be Reduced

LEICESTER, UNITED KINGDOM (RPRN) 06/02/11 — Boiler Guide has added its weight behind an industry campaign for VAT on boilers to be reduced to 5%. Whilst professionally installed heating controls, insulation, solar panels and heat pumps are currently all taxed at the reduced VAT rate of 5%, boilers continue to be taxed at the higher rate of 20%.

The campaign calls for a reduction on VAT, at least until the Government’s introduction of their Green Deal, which is due to be implemented in late 2012. It is hoped such an introduction will help stem the current decline in the heating industry, prompted by the recent increase in VAT and economic cutbacks. It was Peter Thom, the managing director of Green Heat, who started the campaign by initially lobbying parliament to reduce the VAT.

With the heating industry in decline, the ‘Cut the VAT’ campaign hopes that a reduction will not only increase consumer spending confidence, but encourage more people to replace their old and inefficient boiler system.

A reduction in VAT would be beneficial on a variety of fronts, and would:

• increase consumer confidence and spending

• encourage people to replace old inefficient boilers

• ease the burden on households through lower bills

• give a much needed boost to the heating industry

• help reduce carbon emissions

By implementing a reduction in VAT on a new boiler, the Government would most certainly see almost immediate effects. Gas consumption and carbon emissions will fall and householders will benefit from smaller bills. Not only that, jobs in the heating industry would be preserved and it could also boost UK manufacturing, as the majority of domestic boilers sold here are also made in the UK.

David Holmes, Founder of Boiler Guide, says: “A reduction on VAT on boilers to 5% would provide a welcome boost to the industry. As inflation continues to rise, combined with ongoing global uncertainty about energy prices, by helping to increase consumer spending confidence and encouraging people to invest in boiler replacement, it will benefit households in terms of reduced fuel bills.”

For information on boiler quotes and services, please visit www.boilerguide.co.uk

 

Media Contact Name: Katie Anderson
Media E-mail:
Media Web Address: www.boilerguide.co.uk
Company Contact Name: Holmes Media (UK) Ltd
Company E-mail:
Company Web Address: www.holmesmedia.co.uk
Click here to see all news from this author/company

Filed Under: BREAKING NEWS, BUSINESS NEWS, Lifestyle, MARKETING, ADVERTISING, PR

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

Zikto taking award-winning Arki to Startup Nations Summit

Seoul, Korea 11/22/14 · Zikto taking award-winning Arki to Startup Nations Summit The...

The End of Transparency? Don't be a fraud target

Carrollton, TX 11/18/14 · - Over the years, progressive and productive societies...

Ultraseal international in finals of Midlands Business Awards 2015

Coventry, UK 11/14/14 · Ultraseal International, which exports to the automotive supply...

Arki: Hot New Wearable Tech Setting a Cracking Pace on Kickstarter

San Francisco, CA 11/14/14 · Update for November 21: 412 Backers $90,034 pledged...

UpWest Labs Unveils Details of Its Eighth Batch of Startups, Ranging From Genetics to 3D Design

Palo Alto, California 11/11/14 · Accelerator continues to support innovative entrepreneurs with its...

Modern Casting Impregnation helps automakers to avoid warranty claims on engines

Novi, MI 11/11/14 · Automakers can save money and avoid costly warranty...

The Evolution of Walking: Wearable Tech steps up to a new level

San Francisco, CA 11/11/14 · Arki: Finally Wearable Meets Fashion – Wearable technology is one of 2014’s...

GeneSegues Awarded $1 Million Phase II NIH/NCI Research Contract for Nanoencapsulated RNAi Cancer Therapeutic

MINNEAPOLIS, MN 11/10/14 · Highly Competitive NIH Program Validates Potential of GS-10...

More Than 400 .Onion Addresses Targeted as Part of Global Enforcement Action on Tor Network

WASHINGTON 11/07/14 · More Than 400 .Onion Addresses, Including Dozens of...

Learn about Wine in Your Pjs - A New Kind of Wine Class

SAUSALITO, CA. 11/04/14 · The Wine Key announced today it's first virtual...

XCEL Professional Services Has Made a Huge Change to Move Our Company Forward

Calgary, AB 11/04/14 · Introducing Rob Hay: The New President of XCEL...

Furries and Despair – two-man show at Canessa Gallery, November 7 Wild is beautiful

San Francisco, CA 11/03/14 · The show  "Furries and Despair" at Canessa Gallery...

Ristech Completes Acquisition of Kirtas Technologies Inc.

Victor, NY. 11/03/14 · With the acquisition of Kirtas Technology, Ristech increases...

Signed, sealed, delivered: Email best practices

San Francisco, CA 10/31/14 · Email is the original Web app. Born in...