Business Energy Efficiency Taxation Review
Yesterday, HM Treasury has launched a consultation seeking views and evidence on proposals to reform the business energy efficiency tax landscape and associated regulations, including the CRC Energy Efficiency Scheme and Climate Change Agreements, and energy and carbon reporting including links to the Energy Savings Opportunity Scheme.
In the summer the EMA surveyed its members about the planned reform of the taxation system. We have received over ninety responses that we discussed with the Treasury. The consultation questions reflect many of the concerns raised by the EMA members.
As the next step, we will be collating your views for a single EMA response which we hope will become a united voice for energy managers. We would also encourage you to reply to the consultation on behalf of your company directly to the Treasury.
Following the end of the consultation on 9 November 2015, HM Treasury will be speaking on 12 November 2015 at EMEX at ExCel in London. A member of the HM Treasury team will be present in the EMA Networking area to answer personally any questions you may have or hear any points you may wish to raise.
The consultation is the start of the process of changing the taxation landscape and will help guide the Treasury in their thinking. The EMA will continue to offer the support to the Treasury by utilising the knowledge and experience of our members.
If you wish to share your views on reforming the business energy efficiency tax landscape with the EMA, please forward your consultation feedback to Jana at [email protected] by Monday 2 November 2015.