TaxCorporate TaxMPs slate state’s environmental tax record

MPs slate state's environmental tax record

Timid approach to green taxes by government slammed by Treasury Committee MPs

The government has failed to use tax to stop environmental damage and has
adopted a ‘timid’ approach to green taxation, the influential Treasury Committee
has said.

‘We are very disappointed by the Government’s timid use of environmental
taxes. True, they have introduced the climate change levy, and aggregates levy,
but these are miniscule in the grand scheme of things.

‘Overall, the Government has failed to match its 1997 commitment to increase
the use of green taxes,’ said committee chairman John McFall.

Further reading:

Read
the full Treasury Committee report here

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

2w Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

2w Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

3m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

3m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

4m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

7m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

7m Alia Shoaib, Reporter