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Landfill Tax: Difference between revisions
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'''Extract from Environmental Bulletin (Figure 4: Total Landfill Tax Receipts by Financial Year, in £million)''' | '''Extract from Environmental Bulletin (Figure 4: Total Landfill Tax Receipts by Financial Year, in £million)''' | ||
[[File:LFT Receipts.png|700px | [[File:LFT Receipts.png|none|700px|Figure 4: Total LFT receipts by financial year, in £million - Environmental Bulletin]] | ||
In November 2021 [[wikipedia: HM Treasury|HM Treasury]] launched a review of the Landfill Tax<ref>https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1037307/LfT_review_CfE.pdf</ref>. | In November 2021 [[wikipedia: HM Treasury|HM Treasury]] launched a review of the Landfill Tax<ref>https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1037307/LfT_review_CfE.pdf</ref>. | ||
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| 01.04.22 || style='text-align:center;' |£98.60 || style='text-align:center;' |£3.15 | | 01.04.22 || style='text-align:center;' |£98.60 || style='text-align:center;' |£3.15 | ||
|- | |||
| 01.04.23 || style='text-align:center;' |£102.10 || style='text-align:center;' |£3.25 | |||
|- | |||
| 01.04.24 || style='text-align:center;' |£103.70 || style='text-align:center;' |£3.30 | |||
|- | |||
| 01.04.25 || style='text-align:center;' |£126.15 || style='text-align:center;' |£4.05 | |||
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[[File:Landfill Tonnage Over Time.png|none|700px|Landfill Tonnage Over Time]] | [[File:Landfill Tonnage Over Time.png|none|700px|Landfill Tonnage Over Time]] | ||
There is evidence to suggest that the impact of increased recycling as a result of the Landfill Tax has | There is evidence to suggest that the impact of increased recycling as a result of the Landfill Tax has 'flat-lined' since around 2014, although the rates of tax announced<ref>https://www.gov.uk/government/publications/landfill-tax-rates-for-2024-to-2025</ref> for 2025 represent an increase of 22% on rates in 2024<ref>Graph by [[Monksleigh]]</ref>: | ||
[[File:Picture1 lft and recycling.png|alt=Landfill Tax vs Recycling Rates|center|700px]] | |||
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== Landfill Tax Credit Scheme == | == Landfill Tax Credit Scheme == | ||