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The Climate Change Levy (CCL) is a tax on energy delivered to non-domestic users in the United Kingdom.


Scope and purpose

Introduced on 1 April 2001 under the Finance Act 2000, it was forecast to cut annual emissions by 2.5 million tonnes by 2010, and forms part of the UK's Climate Change Programme. The levy applies to most energy users, with the notable exceptions of those in the domestic and transport sectors. Electricity from nuclear is taxed even though it causes no direct carbon emissions. Originally electricity generated from new renewables and approved cogeneration schemes was not taxed, but the July 2015 Budget removed this exemption from 1 August 2015, raising £450m/year.


Rates

From when it was introduced, the levy was frozen at 0.43p/kWh on electricity, 0.15p/kWh on coal and 0.15p/kWh on gas. A reduction of up to 90% from the levy may be gained by energy-intensive users provided they sign a Climate Change Agreement. Revenue from the levy was offset by a 0.3% employers' rate reduction in
National Insurance National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their famil ...
. However, the Finance Act 2002 subsequently increased that rate by 1%, reversing the reduction. The revenue used to fund a number of energy efficiency initiatives such as The Carbon Trust. However, revenue recycling was removed at the Spending Review 2010, with the revenue going to the Exchequer. In the 2006 budget it was announced that the levy would in future rise annually in line with inflation, starting from 1 April 2007. In the 2018 Budget, it was announced that the rates of the Climate Change Levy would be adjusted until 2022 so that the gas rate reaches 60% of the electricity rate in 2021 to 2022. Rates have changed as tabulated below.


See also

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Climate change in the United Kingdom Climate change is affecting the environment and human population of the United Kingdom (UK). The climate of the United Kingdom, country's climate is becoming warmer, with drier summers and wetter winters. The frequency and intensity of storms, ...
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Environmental tax An environmental tax, ecotax (short for ecological taxation), or green tax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly alternatives via economic incentive ...
* Energy policy of the United Kingdom * Energy in the United Kingdom * Renewables Obligation (United Kingdom)


References


Further reading

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External links

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HMRC His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC, and formerly Her Majesty's Revenue and Customs) is a Departments of the United Kingdom Government, department of the UK government responsible for the tax collectio ...

Climate Change Levy in depth
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