UK Landfill tax to increase by 8 GB Pounds each year
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Chancellor Gordon Brown has announced that landfill tax will rise by £8 each year until at least 2010-2011.
Among a raft of environmental measures, the Chancellor said he would increase landfill tax by this new rate from April 1 2008.
He said in the Budget: “To encourage recycling, I will increase landfill tax by £8 each year up to 2011 from next April.”
At present, landfill tax is set at £21 and will continue to rise by £3 to £24 from April 1 2007.
This means that by 2011, landfill tax could be £40 by 2009 and potentially over £50 after 2011.
In the full Budget report, the Chancellor also announced that the revenue from the extra landfill tax will be “recycled to business through the reductions in corporation tax also announced today” from 30p to 28p in the pound. This means that the Business Resource Efficiency and Waste (BREW) programme is unlikely to receive any further funding to that announced in the pre-Budget report although this will be confirmed as part of the 2007 Comprehensive Spending Review that will be published later this year.
The Landfill Communities Fund, which was previously known as the Landfill Tax Credit Scheme, will get an extra £5 million for 2007-08. The Budget report stated: “The Government today announces that the value of the fund will be increased by £5 million to £65 million for 2007-08. It will also be amending the regulations in order to reduce the administrative burden on environmental bodies and simplify the operation of the fund. The Government will consider the case for further increases.
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