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Tag: HMT

ADBA tells Treasury of the costs of plastic separation and disposal in food waste treatment

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At the end of last week ADBA submitted a response to HM Treasury's call for evidence on Tackling the plastic problem. The Energy and Transport tax team at HM Treasury ran the call for evidence to explore how changes to the tax system or charges could be used…

Posted in: Policy updates

Tags: anaerobic digestion, biogas, biomethane, food waste operators, food waste, plastic, HMT, HM Treasury, consultation, thom koller

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Clearing the DECCs – what do ministerial changes mean for AD?

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With rumours already well established about the future of DECC, Andrea Leadsom stood up in the Commons this morning to answer questions for the department for the final time – not just because of her ministerial future, but because of the future of the whole department. Her contribution confirmed the…

Posted in: News for Members, Policy updates

Tags: DECC, Defra, beis, dbeis, HMT, treasury, anaerobic digestion, food waste, biogas, biomethane, food waste operators, crop operators, renewable financial incentives

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Biomethane VAT charge: are you affected?

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We are aware that some biomethane producers may have been subject to a surprise VAT charge, and are hear from members affected. The domestic reverse charge ('DRC') is an anti-fraud measure designed to tackle Missing Trader Intra-Community ('MTIC') fraud, in which VAT is avoided on imported goods but then reclaimed…

Posted in: News for Members, Policy updates

Tags: DECC, HMT, hmrc, tax, vat, biomethane, biogas, biomethane to grid, FIT, RO, biogas combustion, Matt Hindle, food waste operators, crop operators

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EIS reprieve: funds to be allowed to continue investment

The expected clarification on EIS funding has been published today, with good news for developers using EIS-qualifying investors: they will continue to be allowed to invest in AD even when other renewable technologies are excluded by the changes. The briefing published today says:The government intends the legislation to follow…

Posted in: ADBA News, Industry News, Members' press release, News for Members, Policy updates, R&D Updates

Tags: biomethane, budget, DECC, EIS, FIT, HMT, investment, Matt Hindle, renewable financial incentives, RHI, RO, VCT

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Clarification on EIS changes expected shortly

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We are still awaiting confirmation from government on the precise details of the proposals to restrict EIS investment from technologies which claim RO or RHI. Since the announcement in the budget document (p. 68), we have been working hard with DECC and Treasury to make the case for a similar exemption…

Posted in: ADBA News, Industry News, Members' press release, News for Members, Policy updates, R&D Updates

Tags: DECC, Ed Davey, EIS, finance, Finance Forum, financial incentives, HMT, investment, Matt Hindle, RHI, RO, treasury

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