An announcement on the level of landfill tax after the final ‘escalator’ rise of £8 in April will be made at the next Budget, the treasury has said.
Representatives of the industry have been disappointed that Chancellor George Osborne did not outline plans for the tax in his Autumn Statement.
A spokesperson for the Treasury told MRW that such plans will be included in the Budget in Spring 2014.
The standard rate of landfill tax is scheduled to rise to £80 per tonne on 14 April 2014, having increased by £8 a year over the past five years under the policy of the previous Government.
There is no indication as yet whether Osborne intends to extend this escaltor arrangement beyond 2014. Other options are likely to be no rise at all or an inflation-related increase.