In part one of this post we considered the crunch that changing tax legislation will bring to the UK renewable energy sector in 2015. Green investment tax breaks for many renewable electricity generators have already been cut, and this year even more are going to disappear. In this part, we'll ask what's next? After all, the requirement to reduce CO2 emissions isn't going to go away, so without green investment tax breaks for renewable energy generators, what will drive emissions reduction incentives? To recap, the old ‘double dip’ benefit of EIS/SEIS reliefs for investments in companies receiving indirect subsidies [...]

As this current tax year comes to an end in the UK, one of the biggest changes to the way we invest in renewable energy is due to fully kick in. The green energy tax breaks clock is ticking down over the next couple of months. From April 6 2015, the tax incentives to invest in solar, wind, hydro and bio-fuel projects - that have proven so effective at driving development in the UK renewables sector - are going to disappear. In fact (for solar and wind) many stopped last July, but more are on the way. Taken in [...]