Jordan Belfort
Registered User
- Messages
- 71
How would tax be declared/paid on micro generation ? Would it be income tax as unearned self employed income ?
Is it likely to ever be enforced ?
Reason I ask is it makes sense for me to export most PV during the day at 24c/kWh and charge the car middle of night at 14ckWh.
3.4.6 Taxation If export payments are provided by Suppliers, the issue of taxation arises, in particular for domestic consumers. Consequently, the Department of Finance has advised that for 25 CRU Interim enabling Framework. https://www.cru.ie/wp-content/uploads/2021/12/CRU21131-Interim-CleanExport-Guarantee-Decision-Paper.pdf 38 Domestic customers, an exemption from income taxes for remuneration from the CEG will apply, up to a maximum of €200 per annum. Non-domestic customers will be liable to tax on export payments as part of their normal sector specific taxation arrangements.
Is it likely to ever be enforced ?
Reason I ask is it makes sense for me to export most PV during the day at 24c/kWh and charge the car middle of night at 14ckWh.
3.4.6 Taxation If export payments are provided by Suppliers, the issue of taxation arises, in particular for domestic consumers. Consequently, the Department of Finance has advised that for 25 CRU Interim enabling Framework. https://www.cru.ie/wp-content/uploads/2021/12/CRU21131-Interim-CleanExport-Guarantee-Decision-Paper.pdf 38 Domestic customers, an exemption from income taxes for remuneration from the CEG will apply, up to a maximum of €200 per annum. Non-domestic customers will be liable to tax on export payments as part of their normal sector specific taxation arrangements.