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

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

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...

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
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Taxation

Government to invest £1.5bn in UK home efficiency upgrades from this winter

Government to invest £1.5bn in UK home efficiency upgrades from this winter

Around 130,000 low-income households could see bills slashed as homes receive energy efficiency upgrades through the government's Help to Heat funding programme

clock 29 September 2022 • 6 min read
Illegal timber trade hits record high

Illegal timber trade hits record high

Governments urged to double down on efforts to tackle illegal logging ahead of COP27

clock 28 September 2022 • 3 min read
Credit: Rachel Reeves / Twitter

'British power to the British people': Keir Starmer unveils plans for publicly-owned clean energy company

Great British Energy would cut energy bills and deliver energy independence for the UK, Labour Leader tells party conference

Cecilia Keating
clock 27 September 2022 • 6 min read