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
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
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.
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
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