22 November 2021 
Andrea Marshall, Tax Specialist
Over the last decade, many organisations and businesses have invested in assets to generate their own electricity. There are sound reasons for doing so including environmental ones where new generating plants are both more efficient and more able to reduce an organisation’s carbon footprint. To encourage investment there are a number of government initiatives to support self-generation (many of which have evolved over time), and there are various tax incentives designed to make both the initial investment and the subsequent operation of low carbon generating assets more cost effective.
When it comes to the tax incentives, however, these have become complicated, and operators are finding themselves exposed to historic tax liabilities because of these convoluted reliefs and because their use of the assets has changed.
Thanks to Centurion, who have shared this article with BUFDG entitled "Generating your own electricity – an environmental taxes minefield".
