In a recent Farmers Weekly article by Suzie Horne it is reported farm rooftop solar installations could be hit by a six-to-eight-fold hike in business rates from next April if government plans go ahead.
Most at risk are projects where the installation is primarily to provide power consumed on site. Renewable energy interests are lobbying to get this reduced, although some farm schemes may be eligible for an exemption as they are on agricultural buildings, which are not subject to business rates.
The change is proposed as part of a revaluation of business rates which takes place every five to seven years.
For further information on this news article please click HERE.
Gepp & Sons have possibly the most experienced and established Rural Services Legal Team in the region. If you have any legal questions relating to farming and businesses in the rural community please contact Edward Worthy on either 01245 493939 or worthye@gepp.co.uk
The above is not legal advice; the article was first published by Farmers Weekly and is intended to provide information of general interest about current farming issues.
