Following on from its announcement of an electricity generator levy as part of the Autumn Statement 2022 (see here), on 20 December 2022, the UK Government published a supplemental technical note (see here – this replaces the earlier technical note dated 17 November 2022), new draft legislation (see here) and a policy paper (see here).
In this article, we discuss the confirmation of policy as well as updates of information released by the Government through these published documents since its original announcement as part of the Autumn Statement 2022.
Please get in touch if you would like more detail on the legislative and regulatory regime and how your business might be affected by it.