Are you aware there are 100% capital allowances on commercial installations? Speak to your advisor to find out more.
Any payments or incentives you receive from utilising solar energy are entirely exempt from taxation, as long as the primary purpose of installing solar panels is to generate electricity for your company. However, it’s important to note that if you establish a solar farm with the intention of generating profits, tax obligations may apply.
As a team of seasoned professionals, we bring with us years of experience in installing commercial solar panels, in East Yorkshire and various other locations. If you would like further details regarding the installation of business or commercial solar panels, please don’t hesitate to contact us. We would be delighted to assist you!