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Making light out of loss

Securing conditional tax relief benefits is never a straightforward undertaking. You could end up with more tax liabilities than you started out with, warns Brian Garner

17 March 2015

The current economic climate, fuelled by various government incentives such as feed in tariff, is making many landowners consider entering into a renewable energy scheme. The goal is simple; to maximise the returns on their assets.

For those who are willing to take some commercial risk and be actively involved in the project, there are immediate and tangible benefits. However for those who simply want a secure income without direct involvement, there could be a sting in the tail. Renewable energy schemes must not be considered a safe, one-way bet.

Most landowners who decide to take the plunge choose to link up with developers and will usually consider the direct tax implications, such as income tax and VAT. Very few stop and think about inheritance tax however. Overseeing a renewable energy project will automatically increase the land's value but the project is likely to change the underlying nat...

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