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Academies – are you paying Climate Change Levy (“CCL”) on your Fuel and Power?

Academies

Academies – are you paying Climate Change Levy (“CCL”) on your Fuel and Power?

If, having looked at your energy bills, the answer is “yes” then you need to reconsider your fuel usage and speak to our VAT specialist Nigel Smith.

A recent review of an Academy client discovered that the provision of fuel and power was inconsistent, which led to tax irregularities and a CCL windfall. For Academies that have incurred CCL, there is an opportunity to make a retrospective reclaim.

The same opportunity will apply to charities who put the fuel use to a non-business purpose. Whilst the same rules apply, each case should be looked at independently and potential saving can go back four years.

If you would like further guidance, please contact Nigel Smith at nigel.smith@taitwalker.co.uk

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