On Air Now

11 to 3 with John Dunne

11:00am - 3:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Damien Rice

Cannonball

Government May End €400 Tax-Free Solar Income Scheme

Pexels

If not renewed in the budget it means households will need to file a tax return and declare all income made from the exchange.

A possible end to the tax exemption on power generated by solar panels has been called a bad move.

The scheme - which allows homeowners to make up to 400 euro tax free by selling power back to the grid - is set to end this December.

If not renewed in the budget it means households will need to file a tax return and declare all income made from the exchange.

Darragh Cassidy from bonkers.ie says it will put people off installing solar panels in the future.

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Tue

    Low-level cloud

    18°C

  • Wed

    Sunny intervals

    19°C

  • Thu

    Sunny intervals

    22°C

  • Fri

    Sunny intervals

    22°C

  • Sat

    Medium-level cloud

    23°C