Finance Bill Tracking Service 2010 | Budget 2010

BN55 CLIMATE CHANGE LEVY: CHANGE IN RATES

Who is likely to be affected?

1. Suppliers of taxable commodities and others liable to account for the climate change levy (CCL).

General description of the measure

2. Legislation will be introduced in Finance Bill 2010 to increase the rates of CCL as set out below:

Taxable commodity Rate
Electricity £0.00485 per kilowatt hour
Gas supplied by a gas utility or any £0.00169 per kilowatt hour
gas supplied in a gaseous state that
is of a kind supplied by a gas utility
Any petroleum gas, or other £0.01083 per kilogram
gaseous hydrocarbon, supplied in a
liquid state
Any other taxable commodity £0.01321 per kilogram

Operative date

3. The new rates shown in paragraph 2 above will have effect for supplies of taxable commodities treated as taking place on or after 1 April 2011.

Current law and proposed revisions

4. Paragraph 42(1) of Schedule 6 to the Finance Act 2000 contains the rates of CCL. The current rates are:

Taxable commodity Rate
Electricity £0.00470 per kilowatt hour
Gas supplied by a gas utility or any £0.00164 per kilowatt hour
gas supplied in a gaseous state that
is of a kind supplied by a gas utility
Any petroleum gas, or other
gaseous hydrocarbon, supplied in a £0.01050 per kilogram
liquid state
Any other taxable commodity £0.01281 per kilogram

5. Paragraph 42(1) will be amended to provide for the new rates of CCL shown in paragraph 2 of this notice.

Further advice

6. If you have any questions about this change, please contact the Excise and Customs Helpline on 0845 010 9000. Information about Budget measures is available on the HM Revenue & Customs website at www.hmrc.gov.uk