The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides information on the reduced rates of CCL and claiming relief through the use of certificates. This note should be read in conjunction with the Climate Change Levy (CCL) ― main rates and CCL ― reliefs ― outside the scope and exempt supplies guidance notes.
With effect from I July 2016, there are new reporting requirements for companies who have a Climate Change Agreement in place and receive more than €500,000 a year in state aid . Businesses who are affected by the changes need to report the following information to HMRC:
This information needs to be provided at the end of each reporting period. The first reporting period was from 1 July 2016 – 31 March 2017. All subsequent reporting periods run from the 1 April – 31 March.
Businesses will be provided with an online form which they will need to complete.
Businesses that are energy intensive and have entered into a Climate Change Agreement (CCA) with the Environment Agency (EA) can claim a reduced rate
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