Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Gov’t prepares new energy tax regime

The Government has confirmed it will aim to deliver a simple, fair and more efficient tax environment for businesses which would minimise burdens and improve incentives to invest and grow.

This will begin with a review of the business energy efficiency tax landscape, which will consider approaches to simplifying and improving the effectiveness of the regime. 

A consultation will be launched in the autumn of 2015. This was followed, on 16 July, by news that the government was to examine more broadly barriers to growth and productivity in the energy sector, with a view to cutting unnecessary or burdensome regulations.

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