The UK’s tax system does not support environmental industrial investment,
claims Stephen Pugh, finance director of Adnams brewery.
Pugh wrote in a letter to the
Financial
Times: “Those who pay extra to construct buildings that use less energy
will receive no allowances.”
He added tax authorities told Adnams they would not receive a tax relief for
buildings which needed no artificial cooling systems – even though they use less
energy.
However, the traditional style buildings, which need cooling and heating
equipment, were able to claim a tax relief.
Pugh is calling on the political parties to address the situation in order to
encourage industrial investment.
Further reading:
Greater
taxes on carbon needed, warns parliamentary committee