Guide to Renewable Heat Incentives  |  Guide to Feed in Tariffs    |  Tax Relief Advantages

Tax relief and tax credit advantages

Where renewable energy generation equipment is purchased for a business, there can be tax and tax credit advantages. They should qualify for 100% tax relief as part of the annual investment allowance (AlA) of £100,000 per year, or 20% for expenditure in excess of this allowance. Available for purchases made by 5th April 2012 for partnerships or individuals by 31 March 2012 for limited companies.

Some purchases of energy equipment qualify for additional 100% allowances — but the products must specifically appear on the government list!