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Electricity Generation: Taxation

Question for Treasury

UIN 117570, tabled on 6 January 2023

To ask the Chancellor of the Exchequer, whether the Electricity Generator Levy will only apply to net exports of energy from an organisation.

Answered on

16 January 2023

Tax matters, including the Excise Duties (Deferred Payment) Regulations 1992, are matters for HM Treasury and are kept under constant review, with any announcements made at fiscal events.

All required legislation relating to excise duties and Retained EU Law will be made via the Finance Bill (or subordinate tax legislation) which is usual and appropriate for tax provisions.

Answered by

Treasury