HM Revenue & Custom proposals to increase VAT on solar panels will hinder the country’s progress towards a net zero economy, Committee on Climate Change (CCC) chief Chris Stark has said.
The Renewable Energy Association has taken aim at a government proposal to hike up the VAT rates attached to some energy saving materials, including solar and battery storage.
Liam Stoker looks ahead to tomorrow lunchtime to see what the UK’s solar industry might expect to see within Philip Hammond’s – and the UK’s – first Autumn Budget.
Residential battery storage has won a partial victory after the government agreed to a tax break for battery systems, but only if they are supplied and installed alongside solar panels.