Solar panels
The annual investment allowance (AIA) gives the opportunity to claim 100% of investment of up to £200,000 in the year the expenditure occurs. It is generally available on any plant and machinery bought to use in the business. This includes most renewable energy equipment, subject to the same rules as for other businesses. However there are some notable exclusions, so it is vital to understand exactly what capital allowances are available when planning any renewables project, as this can drastically […]