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...Code for Sustainable Homes, bioliquids being ruled out of the Renewable Heat Incentive(RHI), the possibility of an extra tax and the RHI subsidies. Whilst Riello sees oil working in partnership...
...a chicken and egg situation. The government needs to do more to support sustainable fuels – they’re taxed at the same level as fossil and have none of the financial...
...as the gross margin generated between product revenues and feedstock costs. A proportion of this added value is used to cover local taxation and operating costs that flow direct to...
...by anyone. It is a national scandal. Ultimately, it will be a major self-inflicted wound to the Scottish economy unless urgent action is taken.” In latest accounts, Petroineos recorded pre-tax...
...range of sanctions at our disposal. These range from seizure of assets, civil recovery of taxes evaded to prosecution. Sentencing is a matter for the judiciary; a review of which...
...Budgetary Responsibility (OBR) said that the tax hike, which would increase the price of petrol and diesel by around 12p per litre, could be introduced in late March 2023. Questioned...
...are more likely to spend time in prison if you block a road carrying a union flag, than if you cheat HM Revenue out of millions of pounds of tax....
...to government what would be the first law you’d press for? No tax on renewable fuels. It’s time to back viable alternatives! If your 20-year-old self saw you now what...
...were down slightly at £675.6m, compared with £687.5m the previous year, and pre-tax profits were down 10% at £10.8m. However, net debt reduced by 19% to £31.3m, and the total...
...retrain the workforce. “The UK Government recently announced it will ‘consider whether the current tax system, including the operation of the apprenticeship levy, is doing enough to incentivise businesses to...
...of many crises – the cost-of-living crisis, Ukraine crisis, COVID and Brexit – can taxpayers really afford to pay their share towards dozens of new nuclear projects without seeing a...
...intervening, asking why a major taxpayer liability to HMRC did not trigger earlier action. With the Company having fought off questions until June, Labour ministers have vowed to probe the...
...on the industry’s needs. Lack of infrastructure Transport firms highlighted an almost complete lack of infrastructure for larger vehicles, whilst couriers and even taxi firms, pointed out that the time...
...the forefront of safeguarding product quality, combating fuel fraud, ensuring compliance, and enhancing tax revenues in over 70 countries. Notably, the company has catered to clients such as Shell and...
...for the homeowner to finance and adds a significant burden on the taxpayer. Similarly, England has offered a £5,000 grant towards an air-source heat pump, however, the total bill (including...
...and de-industrialisation if UK tax and incentives fail to compete with countries such as the USA and Europe nations. However, if we get it right, then the future of the...
...energy policy,” asked Crotty. “How irresponsible is that? The rest of the world is encouraging local oil and gas production, while we destroy ours through high North Sea taxes and...
...to be bullish. The market outlook has not been helped by the loss of previous tax breaks on fuel duty and the slow adoption of biofuel targets under RED. Politically,...
