Spring Statement: Sunak fast-tracks tax relief for businesses investing in clean heat and power

Cecilia Keating
clock • 4 min read
Credit: iStock
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Credit: iStock

Chancellor confirms plan to overhaul R&D credits system, as he announces plan to bring forward reliefs for businesses investing in clean heat and energy technologies

Chancellor Rishi Sunak has announced plans to bring forward by a year a series of planned tax reliefs for businesses looking to decarbonise their buildings, as one of a flurry of measures designed to boost...

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More on Taxation

Government confirms renewables windfall tax plan, delays business support decision

Government confirms renewables windfall tax plan, delays business support decision

Treasury yesterday published technical note finalising details of its controversial new levy on clean electricity generators, sparking fresh warnings tax could undermine green investment

James Murray
clock 21 December 2022 • 5 min read