TaxCorporate TaxBrown to use energy windfall tax as threat

Brown to use energy windfall tax as threat

Energy companies to be told to help consumers, but take on the cost of the moves themselves

Energy companies are to be forced to sign up to moves to increase energy
efficiency, but without passing on the cost to consumers, under threat of a
windfall tax if they do not comply.

Energy companies are being pushed to pledge £300m in each of the next three
years to help consumers increase their energy efficiency. But if the cost of
those moves is pushed back onto the consumer, a windfall tax is expected to
follow,
The
Times
reports.

Gordon Brown is expected to discuss ideas for a windfall tax with union
leaders tomorrow at the TUC conference, the paper reports.

Further Reading:

Read
The Times story

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson