According to recent reports, UK Chancellor, Gordon Brown has rejected proposals put forward by Environment Minister, Michael Meacher to levy a 10p tax on supermarket shopping bags in order to reduce waste and littering.
The Independent reported yesterday that despite the runaway success of a similar scheme in Ireland, the Treasury has condemned the idea as 'impractical'.
'There are no plans for this. Tax is a matter for the Treasury and the Chancellor is sceptical about this,' an unnamed senior Treasury source told the newspaper on Wednesday.
However, the Chancellor is said to be considering increasing the amount of landfill tax paid by local councils, in order to encourage them to consider recycling as a viable alternative.
According to the Independent, Mr Brown is expected to announce an increase from £13 per tonne of rubbish dumped in landfill sites to £30 in his November pre-budget report.
The additional revenue raised will go towards funding designated environmental schemes, and will not be diverted elsewhere, the newspaper announced.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment