Updates: Electricity Generator Levy Manual

2024

1 March 2024 published amendments

How liability is computed: EGL computation overview

Added information about the exemption for new investments

How liability is computed: contents

Added new contents page for the exemption for new investments

Introduction: background

Added information about the exemption for new investments

20 February 2024 published amendments

Administration of EGL: additional reporting requirements

Additional text dealing with the circumstances in which it is not necessary to provide additional information about EGL amounts when making a company tax return.

18 January 2024 published amendments

How liability is computed: the benchmark amount

Page updated to show the benchmark amount from 1 April 2024, following publication of the December 2023 Consumer Prices Index. Plus additional detail of how the revised amount is to be calculated.

17 January 2024 published amendments

How liability is computed: the benchmark amount

Page updated to show the benchmark amount from 1 April 2024, following publication of the December 2023 Consumer Prices Index.

2023

23 November 2023 published amendments

Election to treat a joint venture or group company with significant minority shareholders as transparent: conditions for making an election

Changed to make clear that transparency election can take effect from up to 1 year BEFORE it is made.

13 September 2023 published amendments

Generation receipts: hedging and other risk management adjustments

Second paragraph added - text taken from the December 2022 Technical Note.