Gas, electricity, gas and electricity certificates

Reverse charge on gas, electricity, gas and electricity certificates

The reverse charge mechanism for accounting for Value-Added Tax (VAT) applies to:

  • wholesale supplies of gas or electricity
  • supplies of gas or electricity certificates.

Under the reverse charge mechanism, the recipient, rather than the supplier, is accountable for the VAT on the supply.

Further guidance contains more detailed information on the VAT treatment of gas, electricity, gas and electricity certificates.

Single Electricity Market

The single electricity market is a pool based mechanism for the sale and purchase of wholesale electricity across the island of Ireland.

Further guidance contains more detailed information on the VAT treatment of the Single Electricity Market.