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Income tax query - energy supplier credits taxable??

oojohoo1 · 2023-05-11 16:24:33

Hi, Just wondering if someone can point me in the right direction with regards an income tax query Just clutching at straws here but here is my scenario. We have Solar PV panels on the roof and its getting exported. The energy provider that we are with, those not pay into our bank account, but simply credits the amount…

11-05-2023 5:24pm

#1

oojohoo1

Registered Users Posts: 37 ✭

Join Date: September 2014

Posts: 24

Hi,
Just wondering if someone can point me in the right direction with regards an income tax query
Just clutching at straws here but here is my scenario. We have Solar PV panels on the roof and its getting exported. The energy provider that we are with, those not pay into our bank account, but simply credits the amount onto our Energy supplier account. So for example, if they need to pay us €200, then they add the €200 onto our Energy Supplier account so we can use it on a later date on the next bill.
So the questions is, if they are just paying the amount as credits, do I need to declare that as an income? Or would I only need to declare it as an "income" if I ask them to pay into my bank account?

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