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Consultation on business energy efficiency tax

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HM Treasury and the Department for Energy and Climate Change have published a consultation setting out proposals to simplify and improve the effectiveness of the business energy efficiency tax landscape.

HM Treasury and the Department for Energy and Climate Change have published a consultation setting out proposals to simplify and improve the effectiveness of the business energy efficiency tax landscape. Views are sought on proposals to improving the effectiveness of the policy framework and on interactions between existing business energy policies and regulations, these include the climate change levy, the CRC energy efficiency scheme and climate change agreements .

The policy proposals are intended to improve the policy framework by:

  • simplifying reporting and taxes to reduce administrative burdens
  • targeting policy levers at cost-effective energy efficiency potential identified in business sectors and heat use
  • using policy instruments to help raise the profile of energy efficiency and carbon reduction with decision makers, and
  • improving the case for investments in energy efficiency and low carbon alternatives.

The consultation closes at 11.45pm on 9 November 2015. See www.bit.ly/1VobVBI.

Issue: 1279
Categories: News
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