Updated aggregates levy notice
HMRC have issued the latest version of Notice AGL1 which provides a general guide to the aggregates levy – a tax on the commercial exploitation in the UK of rock, sand and gravel. The notice cancels and replaces the previous version of the notice that had been issued in July 2010.
The main change in the notice relates to the suspension of the aggregates levy credit scheme (with effect from 1 December 2010). This decision directly affects quarry operators in Northern Ireland who had previously been eligible for relief under this scheme.
The notice will be of interest to quarry operators and other extractors of rock, sand and gravel, including operators of dredgers, importers of aggregate and others who commercially exploit aggregate as well as other businesses involved in the construction industry and users of minerals for agricultural and industrial purposes.