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Many investors have benefited from renewable energy investments through tax efficient investment vehicles such as Venture Capital Trusts (VCTs), Enterprise Investment Schemes (EIS) and Seed EIS, where they received tax benefits as well as predictable strong returns using Renewable Obligation Certificates (ROCs) and Feed in Tariffs (FiTs). From April 6th these investments will be disqualified from utilising EIS, SEIS and VCTs. Luckily investors will be able to access renewable energy investments through Social Impact Tax Relief (SITR) and the introduction of a new Social VCT, pending EU state aid approval. There will be a six month transition period for the… continue reading