Climate Change Levy legislation
A new statutory instrument came into effect on 1 April 2010 amending the Climate Change Levy (CCL) legislation. It standardises HMRC’s time limits for CCL with those relevant to other taxes.
CCL time limits will become subject to the same four-year time limit for assessments and claims as for other taxes.
The introduction of the new time limit is effective from 1 April 2010. The legislation also ensures that the new time limit does not allow claims already out of time on 31 March 2010 to be brought back into time.
The legislation also introduces a number of other changes in relation to:
- Repayment of tax credits
- Combined heat and power stations
- Correcting errors in CCL return