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Legal Briefing
Tax briefing - CRC Energy Efficiency Scheme: what is it and how is it taxed?
Practice Area: Environmental Taxes
Sector: Business services
Jurisdiction: England & Wales
Published: 30 March 2010
Law Firm: Nabarro
Overview
The CRC Energy Efficiency Scheme (CRC) is the new UK carbon trading scheme that will be in place from the start of April 2010. Organisations may have additional taxable income if they perform well in the CRC. Poor performance could result in a net tax deduction.
Nabarro picks over the details and looks at exactly how it will be taxed.
Click to read more.
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