Climate change levy
The measure
The rates of the climate change levy (CCL) will increase in line with inflation from 1 April 2011.
Who will be affected?
All business and non-residential energy users who pay CCL on their energy bills will be affected by this rate change. Energy supply companies will also need to amend their systems to reflect the changes in rates.
When?
1 April 2011.
Our view
The rate rise was signalled in the March 2010 Budget. However, the Government has announced that there will be a consultation in Autumn 2010 on proposals to reform climate change levy in order to provide more certainty and support to the carbon price. It is intended that legislation on this will be brought forward in Finance Bill 2011.
