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United Kingdom · Question · Written question

UIN 201391

Energy: Taxation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 October 2023

Last action

23 October 2023 · Answer

Status

Answered

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Subjects

Energy, Taxation

Source updated

23 October 2023

Energy · Taxation

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing (a) tax incentives and (b) rebates to wholesale sector distributors to help increase (i) investment in renewable energy projects and (ii) recharging

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Timeline

  1. 13 October 2023

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing (a) tax incentives and (b) rebates to wholesale sector distributors to help increase (i) investment in renewable energy projects and (ii) recharging

    Source: Commons

  2. 23 October 2023

    Answer

    A wholesale distributor incurring qualifying expenditure on plant or machinery could be eligible for full expensing, a 100% first-year allowance available for expenditure incurred before 1 April 2026. Investments in renewable energy projects and rechargin...

    Source: Written answer

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