Tax clawback review
Call for input
- Open
- Closed
- Publication date
- Closed date
- Industry sector
- Distribution Network
This publication is a call for input regarding the proposal to review and update the current guidance for tax clawback calculations included within networks price controls.
Who should respond
We are keen to engage with a wide range of industry and interested parties during this process and draw on your experience and expertise.
Background
To date, the tax clawback has been an effective part of the regulatory framework and the majority of licensees are now within the notional gearing limits set as part of RIIO-2. However, we consider it necessary to review our guidance and the definitions it contains to ensure it is up-to-date with accounting standard and tax legislation changes.
Why your views matter
Your feedback will help us ensure our updated guidance is robust and the tax clawback continues to fulfil its policy objective.
How to respond
Please send us your comments by 24 January 2025. We will publish responses on our website after the response deadline. Please mark your response as confidential if you do not want it to be published.