All About Savings can confirm that secret meetings have indeed taken place between officials and the business energy industry regarding a generous tax regime. It has emerged that up to nineteen meetings have occurred over a time period spanning ten months to discuss the aforementioned proposals.
Possible tax breaks have been negotiated between segments of the shale gas industry and the government since George Osborne announced plans to provide the sector with such privileges.
The discovery was made when Friends of the Earth requested information from the treasury. The treasury actually failed to respond with regard to the nature of the meetings but have been able to confirm the above. Analyses of various statistics were used to come to conclusion and it seems clear that the shale gas industry is set to receive a massive boost.
What haven’t been revealed are the representatives that were present at the meetings and the exact subject matter of the nineteenth meeting that took place. To try to predict this would be pure conjecture but it seems obvious that certain tax rewards may be given to areas of the shale gas community, further emphasising the conservatives support for the scheme. This will surely add to the on-going shale gas and fracking debate.
The Treasury’s official line on the matter is the requested information is actually excluded from the Freedom of Information Act. This is due to the fact that it relates to government policy and its development, this it is thought, could potentially prejudice commercial interests.
All About Savings will be, as with all business gas and business electricity issues, keeping a close eye on these continued shale gas and fracking developments.
If you are concerned that these issues could affect your businesses gas and electricity situation, you can get in touch with the expert team here at All About Savings totally free of charge. Our panel of business energy experts know everything about this rapidly developing industry and will be only too happy to give you some free guidance.
All you need to do it fill in the free quote form on this page!