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Home/ Corporation Tax / SI 2022/405 The Valuation for Rating (Plant and Machinery) (England) (Amendment) Regulations 2022
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SI 2022/405 The Valuation for Rating (Plant and Machinery) (England) (Amendment) Regulations 2022

Published on: 31 March 2022
Published by a

Specialist Tax Statutory Instruments

Article summary

These Regulations amend the Valuation for Rating (Plant and Machinery) (England) Regulations, SI  2000/540 and Schedule 6 of the Local Government Finance Act 1988. These Regulations will implement an exemption from non-domestic rates for plant and machinery used in connection with renewable generation and plant and machinery used for storage, such as rooftop solar panels and battery storage used with renewables and electric vehicle charging points (EVCP). The exemption will apply from 1 April 2022 until 31 March 2035.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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