Initially missing the deadline will incur a £5,000 charge and a further £500 for every day that a report is late. Those who do not get their numbers right will be ordered to pay £40 for every tonne that is miscalculated.
Last month, the Confederation of British Industry's Rhian Kelly criticised the CRC for adding "to the cost of doing business" and accused the government of misleading firms that had signed up.
PwC noted changes made in October 2011 mean private firms will have to pay more to be a part of the scheme, after it was announced that money made from the project would be kept for public spending.
Posted by Richard Eden
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