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News / budget2016

  • Budget 2016: Carbon Reduction Commitment to be scrapped

  • The CRC, a mandatory scheme to drive up energy efficiency in large public and private sector organisations, is to be closed in 2018-19. It will be replaced by an increase in the Climate Change Levy (CCL), a tax on energy used by business. The move is part of a wider effort by the Treasury to simplify the energy tax regime. The abolishment

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  • Published:
    Thursday 17 March 2016

  • Author:
    Louise Bateman

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