Tax policy and net zero – the black hole that needs addressing
It is important for certain businesses, such as those in carbon-intensive sectors, to keep informed of tax developments as the economy's net zero transition progresses. Discussion of tax policy in this context often focuses on support for taxes to penalise fossil fuel usage and encourage businesses to implement eco-friendly practices. This article considers why UK tax policy urgently needs reviewing to manage the significant fiscal risks of the economy's net zero transition.
Source: lexology.com