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Government May End €400 Tax-Free Solar Income Scheme

Pexels

If not renewed in the budget it means households will need to file a tax return and declare all income made from the exchange.

A possible end to the tax exemption on power generated by solar panels has been called a bad move.

The scheme - which allows homeowners to make up to 400 euro tax free by selling power back to the grid - is set to end this December.

If not renewed in the budget it means households will need to file a tax return and declare all income made from the exchange.

Darragh Cassidy from bonkers.ie says it will put people off installing solar panels in the future.

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