Clause 197 - Climate change levy: main rates

Part of Finance Bill – in a Public Bill Committee am 3:00 pm ar 18 Mehefin 2013.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Sajid Javid Sajid Javid The Economic Secretary to the Treasury 3:00, 18 Mehefin 2013

The clause increases the rates of the climate change levy from 1 April 2014, in line with retail prices index inflation. The new rates will apply to suppliers of taxable commodities to businesses and the public sector on and after that date. The clause increases the rates of the levy from April 2014 in line with RPI, which has been standard practice since 2007. If there are no questions from members of the Committee, I simply ask that the clause stand part of the Bill.