June Budget – Landfill Tax
A new measure is to be introduced which will provide for the publication and review of criteria for determining the lower rate of landfill tax. The measure will have effect on and after the date that the Finance Bill legislation receives Royal Assent.
The Treasury will have regard to these criteria when listing in an Order the materials that qualify for the lower rate. The current Treasury Order listing lower rated wastes is not affected by the changes as long as disposals are made, or treated as made, before 1 April 2011.