|
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!
|