HMRC is consulting until 31 October 2015 on the length and detail of transitional arrangements for withdrawal of the climate change levy renewables exemption for electricity supplied to businesses and the public sector. The Summer Budget announced that suppliers can continue to exempt renewable source electricity generated before that date until the transitional period ends or associated credit balances are used up. The government does not expect to end the transitional period before 31 March 2016 at the earliest. See www.bit.ly/1f3clyz.
HMRC is consulting until 31 October 2015 on the length and detail of transitional arrangements for withdrawal of the climate change levy renewables exemption for electricity supplied to businesses and the public sector. The Summer Budget announced that suppliers can continue to exempt renewable source electricity generated before that date until the transitional period ends or associated credit balances are used up. The government does not expect to end the transitional period before 31 March 2016 at the earliest. See www.bit.ly/1f3clyz.
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