Summer Budget 2015: Implications for Power and Utilities

Implications for Power and Utilities

While the headlines will be about the introduction of a Living Wage and other attention grabbing measures like the reduction in headline Corporation Tax rates to 18%, the Chancellor signalled a change in direction on environmental taxation with the first step being the immediate abolition of the exemption from the Climate Change Levy (CCL) for renewable energy generation.



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Summer Budget 2015: Implications for Power and Utilities

Given the UK energy market relies on highly mobile international capital, investors will need greater certainty soon about the tax and funding frameworks for UK energy investments, or that capital may be diverted to opportunities elsewhere.

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KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

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