Businesses spared more green taxes
UK businesses will not be subject to more environmental taxes according to John Healy, economic secretary to the Treasury.
Link: Pre-Budget report
He said industry should be reassured by Gordon Brown’s commitment to review the impact of green taxes on business competitiveness, that was mentioned in the pre-Budget report.
He also attacked green lobbyists by saying they ‘come up with ill-informed ideas for environmental taxation’.
But industry remains sceptical following the publication on Wednesday of a Downing Street Strategy Unit report on waste. Among its recommendations was ‘differential product charges’ which could include higher VAT for non-green items.