Recent content by Ecohome01

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    Lead Costs

    Our company pays lead costs for potential jobs. How would you normally account for the lead costs? Would this be seen as a cost of sale or as an administrative expense?
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    VAT percentage query: 5% rate

    Thanks for the advice, much appreciated.
  3. E

    VAT percentage query: 5% rate

    We currently sub-contract work out for energy saving measures. We have been asked by our customer to raise our invoices @ 5% VAT due to the below definition from HMRC. "Heating equipment and connection of gas supply (to the extent they are grant-funded by certain funders to people aged over 60...