Extract from Finance (No. 3) Bill Committee (Eighth sitting) - Dec 6
Friday, 7 December 2018 08:11
The Exchequer Secretary to the Treasury (Robert Jenrick):...Clause
64 increases the standard and lower rates of landfill tax in line
with inflation from April 2019, as announced in Budget 2017.
Landfill tax has been immensely successful. Since its introduction,
the amount of waste disposed of at landfill sites has fallen by
more than 70%—of course, we would like to go further—and the
benefits of that reduction are twofold. The first is to the
economy: we have made better use of scarce...Request free trial
The Exchequer Secretary to the Treasury (Robert
Jenrick):...Clause 64 increases the standard and lower
rates of landfill tax in line with inflation from April 2019, as
announced in Budget 2017. Landfill tax has been immensely
successful. Since its introduction, the amount of waste disposed of
at landfill sites has fallen by more than 70%—of course, we would
like to go further—and the benefits of that reduction are twofold.
The first is to the economy: we have made better use of scarce
resources rather than simply tipping them into holes in the ground
across the country. Secondly, greenhouse gas emissions from
decomposing waste are reduced. When waste is diverted from
landfill, we promote more sustainable waste treatment, such as
recycling. We are committed to moving towards a more circular economy, and we are working together
with business, industry, civil society and the public to achieve
that valuable aim. Landfill tax is an important fiscal lever that
we can use to achieve it...
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