GreenWeek Volume 22, November 8

By subscription only Turn up the volume Research ?nds pop music boosts solar energy output by 40% P4 Brits love renewables Survey ?nds more than threequarters of Brits are in favour of renewable energy P5 Government warned CCC tells Whitehall not to water down climate action targets P13 GreenWeek ClickGreen’s review of all the week’s news, views, research and analysis with a focus on low carbon and sustainability Volume 22: Nov 8, 2013 Exclusive: Solar PV owners set for half-a-billion pound cash windfall Government faces massive pay-out to homeowners after European ruling By Stuart Qualtrough he Government has T con?rmed that UK homeowners who have installed solar panels are in line for a huge cash windfall following a European Court ruling on a tax loophole. A Treasury of?cial told GreenWeek that the department’s months-long review of an obscure European Court of Justice (ECJ) judgement has been completed and it concedes solar panel owners are legally entitled to claim up to £500m of VAT repayments. In a statement, the department says it will allow households to claim back the sales tax “in relation to the purchase, installation, and maintenance and in respect of any incidental costs” as the Feed-in Tariff can now be considered as a “business activity”. However, Chancellor George Osborne is expected to use his Autumn Speech next month to outline how the HMRC will claw back some of the money by reclaiming VAT on the electricity generated that is exported to the National Grid. Treasury chiefs are desperate to avoid opening the ?oodgates to claims that will be an administrative nightmare as nearly 500,000 households are eligible to voluntarily register for VAT status to reclaim the payments. They are hoping by claiming the VAT back on the export component of the Feed-in Tariff the Solar PV households are entitled to claim back millions in VAT payments Treasury will minimise the eventual loss and deter many households from tackling the red tape. The situation was triggered by a decision, known as the Fuchs’ ruling, handed down by the ECJ in June that set a legally binding precedent across all member states. A panel of judges stated that sales of electricity generated from solar panels to the national power company of Austria constituted a business transaction and the owner was able to register and reclaim input VAT. Brian Garner, Director of Tax at Michelmores LLP, told GreenWeek that the Government was now liable for similar claims but had used the time until the Autumn Statement on December 3 to create a new tax framework that would recover some of the paid-out cash. He explained: “The implication for UK homeowners who have installed solar PV panels is that they are entitled to register for VAT and claim back VAT paid on related costs. “This may extend to more than just the cost of installation – for example, are roof repairs now partly recoverable? What does it means for VAT registered businesses operating from split home and work units, such as farmhouses – should recovery percentages now be revised upwards? These are all questions that will need to be resolved in due course.” Some commentators have forecast that the Treasury could lose up to £500m as a result of the decision, especially now as homeowners can reclaim the VAT element of maintenance of their rooftop panels over the 20 or 25 year period of the Feed-in Tariff contract. Brian Garner added: “One possibility might be to remove the exemption from direct tax that householders currently enjoy under the domestic micro-generation exemption. This would be the logical step as if it is argued that the generation is a business with recoverable VAT, the pro?ts should be taxable. This would reduce and possibly negate any VAT saving. “Concerns have also been raised about how HMRC will cope if thousands of homeowners simultaneously submit VAT registration applications. The power companies are also concerned as it could result in them receiving thousands of additional invoices from small suppliers to the National Grid. “Not surprisingly HMRC has been considering the implications of this decision since its release in June. It is too early to say de?nitely make a claim to recover the VAT but I expect all the details will be contained within the Autumn Statement.” Other analysts fear that having only introduced their Green Deal initiative last year, which provides subsidiaries for green energy installations, the decision by the EU in this case could signi?cantly undermine the Gvernment’s funding on solar energy. continued on page 7