Health and Safety Climate Change Levy

What is an exemption under the Climate Change Levy for very small firms using a domestic amount of energy?

• Fuel used for the production of other forms of energy
• Oils which are already subject to excise duty
• Fuels used jointly as a feedstock and an energy source within the same process
• Not exceeding 145 KW per day of gas, 33 KW hours per day of electricity

Which sector is exempt from the Climate Change Levy for fuel use?

• Domestic
• Industrial
• Commercial
• Transportation

What is the exemption for electricity used in electrolysis processes under the Climate Change Levy?

• Fuel used for the production of other forms of energy
• Electricity generated from renewable energy
• Fuels used jointly as a feedstock and an energy source within the same process
• Used in electrolysis processes

What does the exemption for fuels used jointly as a feedstock and an energy source within the same process refer to?

• Fuel used for the production of other forms of energy
• Oils which are already subject to excise duty
• Fuels used jointly as a feedstock and an energy source within the same process
• Not exceeding 145 KW per day of gas, 33 KW hours per day of electricity

In regards to the purchase of motors, compressors etc, what is meant by ‘Enhanced Capital’ allowance?

• It allows for a higher initial payment
• It allows for a larger yearly tax deduction
• It provides tax relief for energy-efficient equipment
• It increases capital gains tax

What does the Climate Change Levy aim to reduce in the UK?

• Air pollution
• Water contamination
• Land degradation
• Noise pollution

How is the Climate Change Levy different from the Carbon Price Support?

• It only applies to industrial sectors
• It is a tax on energy bills
• It includes fuel used in the transport sector
• It is specific to electricity generation

Which type of electricity generation is exempt from the Climate Change Levy?

• Fossil fuel
• Nuclear
• Renewable
• Coal

What size of firms are exempt from the Climate Change Levy based on energy consumption?

• Large corporations
• Small businesses
• Very small firms
• Medium enterprises

How are motors and compressors treated differently under the Climate Change Levy compared to other equipment?

• They are taxed at a higher rate
• They are subject to exemption
• They are eligible for Enhanced Capital allowance
• They are not included in the legislation