It's been said that the only two certainties in life are death and taxes. But there are steps you can take to make sure the two don't whack you at once.
BBC: The UK Treasury has "continually demonstrated a lack of ambition and imagination" when it comes to green taxes, a report by MPs has concluded. The Commons Environmental Audit Committee says there is little sign that ministers have acted on the recommendations of the Stern Review. They also call for a rise in air taxes, especially on long-haul flights. Failure to act would undermine the government's environmental credibility, warned the MPs. The ...
Independent: It is little surprise that Defra has so firmly rejected proposals from the European Commission that revenue derived from auctioning emission permits be earmarked for spending on climate c
Times (UK): The Government's commitment to environmental concerns was called into question yesterday as it emerged that revenue from green taxes would remain close to record lows, despite a Budget that claimed to be environmentally friendly. The Treasury is to raise the equivalent of 2.8 per cent of GDP next year from environmental taxes, such as fuel, vehicle excise and air passenger duties, the Institute for Fiscal Studies (IFS) said. This is fractionally up from last year's 2.7 per cent but ...
Reuters: Air passengers should face a "significant increase" in taxes, including a new charge for the longest flights, to help combat climate change, a group of MPs said in a report on Wednesday. The Environmental Audit Committee said higher "green taxes" would cut demand for air travel, help conserve resources and raise money that could be used for environmental projects. "It is vital that tax on aviation is not just reformed but significantly increased, so ...
