Utilities tax rules 'mean fairness'

Updated
George Osborne
George Osborne

New tax rules to stop gas and electricity distribution companies claiming tax relief on costs already met by other businesses will ensure fairness for British taxpayers, Chancellor George Osborne has said.

The legislation, which comes into immediate effect, will prevent businesses claiming capital allowances for costs met by other companies.
%VIRTUAL-SkimlinksPromo%

Advertisement