Will Peter Hain need to declare electricity sales to the National Grid from newly installed solar panels (50% funded by the taxpayer) on his house to the Inland Revenue?
If the solar panels add value to the house, the property could also move up a council tax band!
Subscribe to:
Post Comments (Atom)
1 comment:
Once the cost of installing the panels has been recouped and after depreciation and running costs are taken into account, he will be liable for tax on the income.
Post a Comment