Brewery FD hits out at tax system which he believes is holding back green industrial investment
The UK's tax system does not support environmental industrial investment, claims Stephen Pugh, finance director of Adnams brewery.
Pugh wrote in a letter to the Financial Times: "Those who pay extra to construct buildings that use less energy will receive no allowances."
He added tax authorities told Adnams they would not receive a tax relief for buildings which needed no artificial cooling systems - even though they use less energy.
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