Russia ‘to hit record oil revenues’

Analytics firm GlobalData expects the nation to see record-breaking revenues over the next six years

‘Record-breaking’ public support to use tax system to tackle plastic waste

The government’s recent call for evidence attracted an ‘unprecedented’ 162,000 responses

Feed-In Tariff exemption for UK’s energy intensive industries to be applied

The move aims to stop heavy energy users’ international competitiveness being negatively affected by higher energy bills

‘Latte levy could cost UK £819m and risk jobs’

The Paper Cup Alliance says the tax will influence only 5.7% of consumers to switch to reusable alternatives

New vehicle tax change to help white van man go green

Less than one in every 200 vans bought in 2016/17 was an ultra-low emission model

Spring Statement: Chancellor consults on tax charges to tackle plastic waste

Philip Hammond said money raised from any tax changes would be invested in developing new, greener products and processes

EU slaps import tax on Chinese corrosion-resistant steel

The European Commission has imposed definitive anti-dumping duties on corrosion-resistant steel from China. The announcement follows its investigation confirming Chinese producers were “dumping” the product on the EU market. The measures that will be put in place for the next five years range from 17.2% to 27.9% – similar to the tariffs already set on […]

UK considering implementing Norway’s bottle recycling scheme?

A deposit-based system for recycling bottles in Norway could be implemented in the UK. The Norwegian Government has put a tax on every bottle that isn’t recycled – consumers pay a deposit on the bottle depending on size, return the empty bottle into a machine which reads the barcode and produces a coupon for the […]

Trump slaps tax on foreign solar panels

The US Government has confirmed it will be imposing tariffs on imported solar panels. The announcement marks Donald Trump’s first major trade action of 2018 and is part of his “America First” policy. A tariff of 30% will be applied to imported solar panels, most of which come from China. It will fall to 25% […]

Budget 2017: Chancellor considers tax on single-use plastic items

  The UK Government is considering introducing a tax on single-use plastic items, including polystyrene takeaway boxes and bubble wrap. Chancellor Philip Hammond said he will work with Environment Secretary Michael Gove to investigate how the tax system and charges on single-use plastic items can reduce waste. A call for evidence is to be launched […]