Budget Report, economy uk, budget economic, Treasury, Corporate Tax, Pensions, reform, R&D, Research and Development - ukbudget.com
 
Budget Report, economy uk, budget economic, Treasury, Corporate Tax, Pensions, reform, R&D, Research and Development - ukbudget.com
 

Climate Change Levy

As previously announced, the rates of Climate Change Levy (CCL) will increase broadly in line with inflation from 1 April 2009.

A simplification is being introduced to remove the requirement for electricity and gas suppliers to include wording on invoices to identify them as CCL Accounting Documents.

Finally, electricity generated from coal mine methane will be excluded from the definition of renewable source power for CCL purposes. Electricity generated on or after 1 November 2008 will become liable to CCL and will no longer be exempt.