Business Rates Solar Panels
Business rates are administered by the valuation office agency an offshoot of hmrc which uses a formula based on the rental value of a firm s premises.
Business rates solar panels. Under proposed rateable values for commercial properties from april 2017 owners of solar panels have been split into two categories those that export over 50 per cent of their generated power to the grid and those that mainly use it to power their own operations. Do you have solar panels. Philip eagle tax director at accountants and hub partner hallidays outlines how companies with solar panels could be impacted by recent changes to business rates and what the solutions could be. Check your business rates.
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