Thursday, March 26, 2015

Green taxes double under Coalition


Larger firms have also been hit by the Energy Efficiency Scheme to further reduce carbon emissions. The charge, introduced in 2010, will bring in £800million this year. Another three green taxes - on landfill and mining, and a European levy on carbon - have remained steady since 2010, costing firms £1.8billion a year.




Gareth State of the manufacturers' group EEF, said: "These figures prove the point we have been making for some time, namely that UK industry - especially energy-intensive companies - are paying a very heavy price.


"We urgently need to see competitiveness at the heart of energy and climate change policy to place us on a level playing field with even our European competitors who are not facing these bills, let alone the rest of the world. Failure to do this by the next government, if it continues to use carbon taxes as a revenue-raising tool, could only result in lost jobs and investment."


A Treasury spokesman said: "This Government is committed to creating a tax system that is simple, fair and creates the right conditions. We have backed businesses with lower taxes overall, cutting corporation tax, giving employers up to £2,000 off their National Insurance bill and giving small high street businesses £1,000 off their business rates."





from Copy of RSS feed creator http://ift.tt/1BNJ3ry



Advertisement



Sourced by "Home Hacks". Scouring and supporting the art of DIY home projects by sharing links and information provided by numerous active reputable DIY veterans and company's. Any projects you start please be of proper age, follow all required safety measures, and use the required protective equipment when handling any chemicals, power tools, or during any construction project. If you need advice regarding your next project we suggest visiting Contractor Talk.