Part 1Charges, rates, thresholds etc

Environment

15Rates of landfill tax

1

Section 42 of FA 1996 (amount of landfill tax) is amended as follows.

2

In—

a

subsection (1)(a) (the standard rate), and

b

subsection (2) (reference to the standard rate taken to be £2 in cases of disposals of qualifying material),

for “£21” substitute “ £24 ”.

3

The amendments made by subsection (2) have effect in relation to disposals made (or treated as made) on or after 1st April 2007 (but before 1st April 2008).

4

In subsection (1)(a), for “£24” substitute “ £32 ” and, in subsection (2), for “£24 were to £2” substitute “ £32 were to £2.50 ”.

5

The amendments made by subsection (4) come into force on 1st April 2008 and have effect in relation to disposals made (or treated as made) on or after that date.