Spring Statement 2022: VAT Cut on Energy-Saving Home Improvements

Rishi Sunak's Spring Statement will take place on 23 March
(Image credit: Getty Images)

Chancellor Rishi Sunak has confirmed in his Spring Statement that homeowners will now pay 0% VAT when installing certain energy-saving home improvements.

These eligible home improvements include air source heat pumps, insulation and solar panels, with the VAT reduction to take effect from April and run for the next five years. 

Jack Woodfield
News Editor

Jack has worked in journalism for 11 years and was the News Editor for Homebuilding & Renovating from 2019 until the beginning of 2023. He strives to break the most relevant and beneficial stories for self builders, extenders and renovators, including the latest news on the construction materials shortage and hydrogen heating. In 2021 he appeared on BBC's The World at One to discuss the government's planning reforms. 

He enjoys testing new tools and gadgets, and having bought his first home in 2013, he has renovated every room and recently finished a garden renovation.