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Autumn Budget 2017: Implications for Power & Utilities

Autumn Budget 2017: Implications for Power & Utilities

What the Autumn Budget 2017 means for Power & Utilities

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Simon Virley - Partner and Head of Power and Utilities

Partner and UK Head of Energy & Natural Resources

KPMG in the UK

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 Autumn Budget 2017: Implications for Power & Utilities - black door with autumn leaves

Budget confirms continuation of carbon price into 2020s at similar level to today; no new low carbon levies until after 2025; and new funding for Electric Vehicles (EVs) and EV charging.

Download the PDF for a full update on what the announcement means for the Power & Utilities sector.

The full update includes details on the following themes for Power & Utilities:

  • Carbon Pricing;
  • EU Emissions Trading Scheme;
  • Levy Control Framework;
  • What’s next for the Industrial Strategy;
  • Government’s electric vehicle support;
  • Fuel duty and vehicle taxation;
  • Corporation Tax rate and chargeable gains;
  • Research & Development (R&D) tax credits.

 

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