Finance

BPF calls for ‘targeted tax measures’ to speed up decarbonisation

By 2022-07-05T07:57:00

Zero carbon

Source: Shutterstock/Olivier Le Moal

The British Property Federation (BPF) has urged Chancellor Rishi Sunak to increase tax relief for capital expenditure on building projects that support the Government’s net zero and levelling-up ambitions.

In its response to a consultation on the reform of capital allowances the BPF also calls for the introduction of a new tax credit system similar to that which applies to research and development spending.

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