Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Tax breaks on improvements after MEES legislation

14 August 2018
Issue: 4660 / Categories: News

Commercial property landlords face fines for non-compliance with the government’s new energy efficiency regulations. 

Commercial property landlords face fines of up to £150 000 if they fail to comply with the government’s new energy efficiency regulations. 
 
Landlords are no longer able to let energy-inefficient commercial space with an energy performance certificate (EPC) of F or G without making improvements. But there is a silver lining to the strengthened minimum energy efficiency standard (MEES) legislation said Alun Oliver managing director of E3 Consulting with tax breaks for bringing energy-inefficient buildings up to scratch.
 
About 18% of commercial properties in England and Wales have an EPC rating of F or G and since 1 April landlords have been unable to let them on new leases without remedial action.
 
Mr Oliver said: ‘Although in a few cases the situation can be easily rectified most...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon