Section 92 Rates of climate change levy until 1 April 2021
Paragraph 42 of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy) is amended as follows.
In sub-paragraph (1), for the table substitute—
.
Taxable commodity supplied Rate at which levy payable if supply is not a reduced-rate supply Electricity £0.00811 per kilowatt hour Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility £0.00406 per kilowatt hour Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state £0.02175 per kilogram Any other taxable commodity £0.03174 per kilogram
In sub-paragraph (1)—
in paragraph (ba) (reduced-rate supplies of electricity), for “7” substitute “ 8 ”,
after that paragraph insert—
, and(bb)if the supply is a reduced-rate of supply of any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state, 23 per cent of the amount that would be payable if the supply were a supply to which paragraph (a) applies;
in paragraph (c) (other reduced-rate supplies), for “22” substitute “ 19 ”.
In consequence of the amendment made by subsection (3), in the Notes to paragraph 2 of Schedule 1 to the Climate Change Levy (General) Regulations 2001, for the definition of “r” substitute—
r= 0.92 in the case of electricity; 0.77 in the case of any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state; and 0.81 in any other case.
The amendments made by this section have effect in relation to supplies treated as taking place on or after 1 April 2020.