Written Question·Treasury·UIN 16087
Batteries: Subsidies and Tax Allowances
Tabled: 25 November 2024
Answered: 3 December 2024
Question
Tom Hayes
Labour — Bournemouth East
To ask the Chancellor of the Exchequer, if she will make an assessment with Cabinet colleagues of the potential merits of introducing tax (a) incentives and (b) subsidies for battery storage solutions.
Answer
James MurrayThe installation of qualifying energy-saving materials (ESMs) in residential accommodation and buildings used solely for a relevant charitable purpose benefits from a temporary VAT zero rate until March 2027. Following a Call for Evidence (CfE) last year,...
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