vat on firewood

[nick channer]

can someone who no's 100% pls let me no what the rate of vat is on firewood.

people say its 5% but my book keeper and accountant don't agree. they say its the full rate.. and must admit i have several dozen invoices where i've charged the vat on at old rate 17.5% and in a vat inspection the vat man has seen them and didn't say it was wrong..

[eggsarascal]

5% on logs to domestic customers 20% on cord as far as i know.

[farmer_ben]

My accountant is sure its 5% to the end user as they are using it as a heating fuel, 20% to a firewood supplier buying in cord

[alex_m]

You buy it in at 20% cord and sell it 5% split. afaik.

[County4x4]

20% if being sold on for resale by another business - 5% if being sold direct to the end user

 

Andy

[mikey10]

can someone who no's 100% pls let me no what the rate of vat is on firewood.

people say its 5% but my book keeper and accountant don't agree. they say its the full rate.. and must admit i have several dozen invoices where i've charged the vat on at old rate 17.5% and in a vat inspection the vat man has seen them and didn't say it was wrong..

 

I would of thought its your accounts job to know these things, thats what you pay him for, 5% retail to end user, 20% to trade

[nick channer]

thanks for all replies... i'll pass this on to my book keeprt who's currently doing my vat returns..

[nick channer]

I would of thought its your accounts job to know these things, thats what you pay him for, 5% retail to end user, 20% to trade

 

he seemed to think it was full rate unless its to a school or a charity run organisation... which is the only info i could get off internet

[dave fox]

its 5% as long as its classed as logs or firewood, click on HM Revenue and customs webb page.

[StephF]

Your Accountant is definately wrong! look at vat leaflet 701/19, which sets out that timber sold as firewood eg: logs is sold at a reduced rate of 5%.

Also it looks as if roundwood timber only suitable for firewood, can be sold at 5%, although I have not found anyone yet who does.