Businesses within scope of SECR will be required to provide a narrative report on any energy efficiency action, or no action, taken during the financial year being reported. When and how? Companies within scope need to report in line with the SECR framework in their directors’ report or corresponding section within their annual report, for financial years beginning on or after 1 April 2019. Unlike ESOS (the Energy Savings Opportunity Scheme), SECR does not require independent verification assurance, though specialist advice may be prudent. Enforcement will be managed by the new Auditing, Reporting and Governance Authority (ARGA).
The above is a summary of the SECR requirements. For more details please speak with Scrutton Bland or contact Paul Copsey at Auditel, who provide energy management services and deliver SECR & ESOS compliance for businesses and charities throughout East Anglia. Paul can be contacted on 01394 338655 , or paul.copsey@auditel.co.uk or visit www.auditel.co.uk/connect
Scrutton Bland’s tax advisers have extensive experience in tax advice relating to changing legislation, and can call on the professional expertise of our insurance, financial planning, and accountancy teams to provide a joined-up approach to business advice. To get in touch please email hello@scruttonbland.co.uk or call 0330 058 6559 .
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