Chancellor Rishi Sunak announced in the 2020 budget that the voluntary scheme would be extended to March 2025 and would be open to new applicants.
The scheme shut to new applicants in October 2018, but with the government trying to battle climate change and with Climate Change Levy rates increasing, this now poses an opportunity for eligible businesses to participate in the scheme and contribute towards the reduction of global carbon emissions in return for a portion of tax relief.
At a time where every penny counts, joining the CCA scheme is a great opportunity for businesses with energy-intensive processes to gain tax relief.
Climate Change Agreements
Climate Change Agreements (CCAs) are voluntary agreements that allow eligible energy-intensive sectors to receive a reduction of up to 90% on Climate Change Levy (CCL) in return for committing to pre-determined energy efficiency targets. Manufacturers within the mineralogical and metallurgical sectors may be eligible for up to 100% relief.
Why Choose Inenco?
Inenco’s team of CCA experts have guided over 200 organisations through the scheme, with current clients benefiting from savings of £25 million per annum. We can advise you on the best ways to maximise the relief for your organisation and assist in achieving targets, helping to keep your energy budget in good shape.
Our Approach
01
Understand Requirements & Gather Data
Our experts will guide you through the available options and advise you of the best route to take, they'll also help you to gather all the required data
02
Track & Report
We will track your progress and let you know regularly how you're getting on
03
Recommend & Improve
Our team are always on hand to guide you through recommendations & improvements
04
Manage Ongoing Compliance
We can even help you to manage ongoing compliance with the aim being to minimise potential financial penalties for not meeting the required performance targets
Get in touch today
Inenco provide a free of charge consultation to better understand if your business is eligible to claim this relief. Please get in touch with our compliance experts today by completing this form or calling us on 01253 785294.
If, for whatever reason you are struggling to complete the form, please contact marketing@inenco.com
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