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UK government starts process of simplifying energy taxes for businesses

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Staff writer ▼ | September 29, 2015
Damian Hinds
UK taxes   The consultation with the UK government

The government has launched a review of business energy taxes, following an announcement at the Summer Budget that it will look at how to simplify and improve them.

Over the summer, the government sought initial views from a range of businesses, academics and other bodies. A consultation published today now sets out proposals to reform business energy effic.

The review has three key aims: boosting business productivity, supporting growth, and decarbonising the economy.

Exchequer Secretary to the Treasury Damian Hinds said: "This government wants to create a sustainable tax system for businesses that is fair and simple and supports growth. We recognise business concerns around the complexity of business energy efficiency policy and we want to create a simpler and more stable environment."

The consultation is open until 9 November and the government welcomes views from businesses, organisations and the public.


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