Budget 2012: Goodbye To the CRC Green Tax?
In the last few years, the main tech news story in the annual budget has been the question, how much will the Chancellor do for broadband? As usual, this year’s answer seems to be – for those who see Internet access as this country’s best hope for the future at least – not enough.
But alongside Osborne’s re-announcement of super-connected tech cities (with the list filled out by a few more names), the Budget included a big hint of a major change that will affect large parts of the IT industry. In amongst the tax-cuts and the changed thresholds, George Osborne dropped a big hint that he could do away with the controversial CRC green tax.
End of the green line?
“The Carbon Reduction Commitment is cumbersome, bureaucratic and imposes unnecessary costs on business,” Osborne said.
That’s a pretty unambiguous statement. Anything that gets damned that way by ...
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