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Treasury wavers over landfill tax reforms as industry warns of £100m bills
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News Archives - Business Matters
The Treasury is reviewing plans to overhaul landfill tax after furious warnings from housebuilders, manufacturers and construction firms that the reforms would drive their annual bills up by tens of millions of pounds.
Bosses warn of soaring costsHousebuilders and construction firms have sounded the alarm, warning that landfill tax bills of around £4 million could balloon to more than £100 million under the new rules.
Last week more than 60 industry leaders joined a call with Treasury officials to press their case.
Policy clash with housing goalsThe landfill tax controversy has also collided with the government’s ambition to accelerate housebuilding.
A spokesman said: “The proposed landfill tax changes aim to strengthen sustainable alternatives to landfill, and the recent consultation sought views on the impact of the proposed changes on businesses and on reasonable implementation timelines.
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