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The electricity generator levy (EGL) is charged as if it were an amount of corporation tax and so the corporation tax administration provisions also apply to the EGL (see Division D1.13)¹. In calculating profits or losses for the purposes of corporation tax, no deduction is allowed in respect of the EGL and no account is to be taken of any amount which is paid by a person to another person for the purposes of meeting or reimbursing the cost of the EGL².

A company (or the lead member) that is a qualifying generating undertaking for a qualifying period must include a statement of the following matters in its company tax return for the first accounting period that ends on or after the day on which the qualifying period ends³:

1. Ìý

   •ÌýÌýÌýÌý the amount of generation attributed to the generating undertaking for the qualifying period

2. Ìý

   •ÌýÌýÌýÌý the amount of generation receipts attributed to that undertaking for that period (see 'Attribution of generation receipts' at D7.951)

3. Ìý

   •