Clause 45 — CCL: removal of exemption for electricity from renewable sources

Part of Bill Presented — Devolution (London) Bill – in the House of Commons at 7:30 pm on 8 September 2015.

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Photo of Roger Mullin Roger Mullin Shadow SNP Spokesperson (Treasury) 7:30, 8 September 2015

In relation to business investment, it would be normal practice to undertake considerable consultations. If big changes are proposed to the taxation affecting businesses, there would normally be a process of easing those changes in, to allow the businesses time to do the appropriate planning. There is no possibility of businesses in the renewables sector being able suddenly to change their financial plans for the next five or 10 years following the ridiculously fast introduction of this measure by the Government.