Speculation mounts that solar VAT rise could be scrapped

Madeleine Cuff
clock
Speculation mounts that solar VAT rise could be scrapped

Treasury reportedly hinting planned solar panel tax rise will be ditched ahead of key Budget debate

Hopes are rising among the UK solar community that the Treasury is preparing to scrap its plans to raise the VAT rate for solar panels and other clean technologies from five per cent to 20 per cent, following...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Solar

A Siemens CCS site already in operation in Norway (credit: Siemens)

Scottish government steps in to provide £80m to Acorn CCS project

After it was sidelined in UK government's zero carbon cluster funding plans, the Scottish government has moved to provide financial support to the country's flagship carbon capture project

clock 14 January 2022 • 3 min read
ScottishPower's Carland Cross solar power facility, Cornwall (credit: @kieroninfocus)

ScottishPower says £500m investment plan puts it at 'forefront' of UK solar industry

Firm to take on 17 new solar project sites that will power the equivalent of 220,000 homes

clock 14 January 2022 • 2 min read
CES 2022 ran from January 5 to January 7 in Las Vegas

From bladder-powered energy storage to a green dishwasher called Bob: The best of clean tech at CES 2022

BusinessGreen takes a look at some of the most exciting green products showcased at this year's Consumer Electronics Show

Cecilia Keating
clock 11 January 2022 • 8 min read