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Finance Division

Fuel and power

Supplies of gas or electricity are subject to VAT at standard rate, unless they are for a “qualifying use” - in which case a reduced rate of VAT at 5% applies.

The University’s residential accommodation for students is certified as being a qualifying use and is therefore eligible for the reduced rate of VAT at 5%.

The reduced rate also applies to charitable non-business use, such as grant funded non-business research.