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United Kingdom · Question · Written question

UIN 45899

Solar Power: Tax Allowances

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 September 2022

Last action

20 September 2022 · Answer

Status

Answered

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Discovery layer

Source updated

20 September 2022

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of extending the reach of the tax super-deduction for the installation of solar panels so that the deduction can be used by a broader range of bu

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Timeline

  1. 2 September 2022

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of extending the reach of the tax super-deduction for the installation of solar panels so that the deduction can be used by a broader range of bu

    Source: Commons

  2. 20 September 2022

    Answer

    Solar panels are classified as special rate assets in the capital allowances system. This means that, until 31 March 2023, they qualify for the 50 per cent first-year allowance for special rate assets that was announced alongside the super-deduction. Sola...

    Source: Written answer

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