Section 782A Domestic microgeneration
United Kingdom
No liability to income tax arises in respect of income arising to an individual from the sale of electricity generated by a microgeneration system if—
the system is installed at or near domestic premises occupied by the individual, and
the individual intends that the amount of electricity generated by it will not significantly exceed the amount of electricity consumed in those premises.
In subsection (1)—
“domestic premises” means premises used wholly or mainly as a separate private dwelling, and
F1“microgeneration system” has the same meaning as in section 263AZA of the Taxation of Chargeable Gains Act 1992.
Annotations
Textual amendments
- F1
Words in s. 782A(2) substituted (26.5.2015) by Deregulation Act 2015 (c. 20), ss. 57(3)(b), 115(3)(e)