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1180 Elliott Court Coventry Business Park, Herald Avenue Coventry CV5 6UB Tel: 02476 854980 info@bmf.org.uk www.bmf.org.uk


Zero Rate VAT on Energy-Saving Materials


The Chancellor of the Exchequer cut VAT from 5% down to zero % on the supply and installation of eligible goods by businesses into homes in England, Wales & Scotland (not Northern Ireland). The law has been changed and this came into force on Friday, 1 April 2022, for the next 5 years. Merchants still have to sell energy-saving materials & products at the standard 20% rate. This also applies if a DIY retail customer buys the goods from you. This is a win for BMF lobbying we did 6 years ago around the time of the EU vs UK court case in Luxembourg.


The addition of wind and water turbines (that the EU Court of Justice had previously disallowed) to the current list in HMRC VAT Notice 708/6 now means all these goods are covered: • insulation for walls, floors, ceilings, roofs, lofts, or water tanks, pipes & other plumbing fittings. • draught-stripping for windows, doors & loft hatches. • central heating & hot water system controls inc. timers, thermostats & thermostatic radiator valves. • solar collectors (evacuated


NMBS & BMF joins forces to


support smaller merchants NMBS has teamed up with the BMF to help developing merchant businesses to further their growth with a generous funding scheme that will enable them to benefit from the many advantages afforded by membership of the industry trade body.


The NMBS Kick-Start Growth & Development Scheme will help NMBS’ smaller members to join the BMF for the first time and is available to any business with an


annual turnover of less than £2m. The NMBS grant will cover the full cost of BMF membership for the first 12 months of a two-year annual subscription.


The second year’s fees will be paid by the member company, and they will receive a substantial discount on the BMF’s standard subscription rates.


Chris Haywood, Managing Director of NMBS said: “NMBS is committed to supporting the trade association activities of


tube or flat plate) and solar photovoltaic panels. • wind and water turbines. • air-source and ground-source heat pumps. • micro-combined heat and power units. • boilers fuelled by wood, straw or similar plant matter. This tax cut does not apply in Northern Ireland due to the Northern Ireland Protocol. The reduced VAT rate there remains unaffected at 5% as now. HMRC guidance is here: https://www. gov.uk/guidance/vat-on-energy- saving-materials-and-heating- equipment-notice-7086


the BMF and equally committed to supporting the growth and development of our independent merchant members. We see real value in the BMF’s services to merchants, suppliers and indeed the whole industry and identified the opportunities this would provide to our smaller members. “Requiring them to commit to two year’s membership of the BMF is an important element of the Kick-Start scheme. By encouraging the level of engagement that comes with long-term membership they will be able to fully explore and experience the BMF’s wide range of training and support


MMC to take centre stage at BMF Conference providing solutions for developers,


The BMF’s Annual Members Conference in September at St George’s Park will take a closer look at Modern Methods of Construction to discover if they present a threat or an opportunity for merchants suppliers. MMC is high on the


Government’s agenda to fast- tracking energy efficient new homes, and the one-hour session devoted to the subject


investors, policymakers and the supply chain.


will be led by Mark Farmer, the Government’s champion for MMC in housebuilding and CEO and founding director of specialist construction consultancy, Cast,


May 2022 www.buildersmerchantsjournal.net


Mark has spent over 30 years in the construction industry, and is a member of the Construction Innovation Hub Industry Board, the Construction Leadership Council Senior Advisors Group, a board member for Construction Scotland Innovation Centre and national co- chair of Constructing Excellence.


The BMF welcome the following new members:


BMF DIARY DATES


Please check the BMF website at www.bmf.org.uk for all the latest news and events updates in this ever-changing environment.


services that can make a tangible difference to developing their business, which in turn may also enhance their trading relationship with NMBS.


”BMF Chief Executive, John Newcomb said: “The BMF is the trade association for the entire building materials industry and we are delighted to be working with NMBS on this innovative initiative to support smaller independent merchants.


“Our mission is to help our members develop excellence in their operations and there are many areas where we can provide vital support to a growing business.”


He will be joined by Brendan Twomey, MD of Berkeley Modular. Formed in 2019 and operating from a purpose-built facility, the company uses sophisticated volumetric modular manufacturing methods to deliver a high- quality housing product, without compromising on comfort or flexibility of design.


John Newcomb, BMF CEO said: “This is a highly topical subject that is sure to spark a great deal of discussion amongst BMF members.”


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