Tuesday, 17 August 2010

Carbon reduction commitment catches franchises and bust companies

Businesses that have gone bust during the recession or operate through franchises could fall foul of controversial new "green tax" legislation, it has emerged.

Any company with a half hourly electricity meter installed at the end of 2008 has to report its electricity meter details to the Government by the end of September under the carbon reduction commitment scheme. If they do not, they face fines of at least £500.



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