Not according to eGov Monitor, who reckon that rather than reward businesses for going green, Ol' Golden's policies imply that businesses who reduce their energy bills by installing solar panels, wind turbines and the like, are going to be hit with bigger tax bills!
"The Valuation Office Agency, an arm of Inland Revenue, is preparing to tax solar panels, wind turbines and micro-generation technology with higher business rates and council tax bills."
"a solar panel 'will never achieve a payback, but would be a continual financial drain on the company'. A typical wind turbine for commercial premises will increase the business rates bill by £1,350 a year, while a solar (photovoltaic) installation will mean an extra £2,700 a year in rates."
What the hell is going on? This is turning into an utter shambles! I despair at the inept capabilities and crass stupidity of our esteemed government. We are supposed to be encouraging the uptake of renewables, not bloody well penalising them!
And this on the day when a top UN official states that it would be criminally irresponsible not to tackle global warming!
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