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Carbon Reduction and Fiscal Incentives for Sustainable Design
The subject of tax relief could easily warrant a book of its own: the UK is blessed with “one of the most complex and opaque tax codes in the world” with all aspects of personal life and business taxed, either directly or indirectly and sometimes both. This chapter examines the key drivers for building owners and occupiers, particularly around the triple bottom line of social, economic and environment to achieve the goals of sustainability. The UK Government's current aim is to achieve a significant reduction in carbon emissions by 2020 through reducing demand for energy in buildings, decarbonising heating and cooling supply. The fiscal drivers through Government's policy, statutory and regulatory framework in the form of taxation and levies, reliefs and allowances such as plant and machinery allowances, enhanced capital allowances (ECAs), subsidies and other incentives are then explored.
Carbon Reduction and Fiscal Incentives for Sustainable Design
The subject of tax relief could easily warrant a book of its own: the UK is blessed with “one of the most complex and opaque tax codes in the world” with all aspects of personal life and business taxed, either directly or indirectly and sometimes both. This chapter examines the key drivers for building owners and occupiers, particularly around the triple bottom line of social, economic and environment to achieve the goals of sustainability. The UK Government's current aim is to achieve a significant reduction in carbon emissions by 2020 through reducing demand for energy in buildings, decarbonising heating and cooling supply. The fiscal drivers through Government's policy, statutory and regulatory framework in the form of taxation and levies, reliefs and allowances such as plant and machinery allowances, enhanced capital allowances (ECAs), subsidies and other incentives are then explored.
Carbon Reduction and Fiscal Incentives for Sustainable Design
Robinson, Herbert (editor) / Symonds, Barry (editor) / Gilbertson, Barry (editor) / Ilozor, Benedict (editor) / Farey, Paul (author)
2015-03-02
25 pages
Article/Chapter (Book)
Electronic Resource
English
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