The Climate Change Levy (General) (Amendment) Regulations 2018
| Jurisdiction | UK Non-devolved |
| Citation | SI 2018/118 |
| Year | 2018 |
2018 No. 118
Climate Change Levy
The Climate Change Levy (General) (Amendment) Regulations 2018
Made 30th January 2018
Laid before the House of Commons 1st February 2018
Coming into force 1st April 2019
The Commissioners for Her Majesty’s Revenue and Customs1make the following Regulations in exercise of the powers conferred by section 30 of, and paragraphs 22(1), 22(2) and 146(7) of Schedule 6 to, the Finance Act 20002:
Citation and commencement
1. These Regulations may be cited as the Climate Change Levy (General) (Amendment) Regulations 2018 and come into force on 1st April 2019.
Amendments to the Climate Change Levy (General) Regulations 2001
2. The Climate Change Levy (General) Regulations 20013are amended as follows.
3. In the Notes to paragraph 2 of Schedule 1, after the definition of quantity “M”, in the definition of quantity “r”, for “0.90 in the case of electricity, and in any other case 0.65” substitute “0.93 in the case of electricity, and in any other case 0.78”.
Jim Harra
Justin Holliday
Two of the Commissioners for Her Majesty’s Revenue and Customs
30th January 2018
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Climate Change Levy (General) Regulations 2001 (“the General Regulations”) ( S.I. 2001/838).
Regulation 3 amends the definition of “r” in the Climate Change Levy relief formula in paragraph 2 of Schedule 1 to the General Regulations as a consequence of the changes to the rates of reduced-rate supplies made by section 148 of the Finance Act 2016.
A Tax Information and Impact Note (TIIN) covering this instrument was published on 16th March 2016 alongside draft clauses of the Finance Bill 2016 and is available on the HMRC website at http://www.gov.uk/government/publications/climate-change-levy-main-and-reduced-rates/climate-change-levy-main-and-reduced-rates . It remains an accurate summary of the impacts that apply to this instrument.
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