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Green taxes road map

01 December 2015
Issue: 4529 / Categories: News , Business

Environmental tax policy.

The Chartered Institute of Taxation (CIOT) would support a single climate tax on businesses as long as it follows an environmental tax framework similar to the business tax road map.

In its response to the Treasury’s recent business energy efficiency tax landscape consultation the institute said the road map would help to counter confusion and suspicion among consumers and businesses about the objectives and direction of the government’s environmental tax policy.

John Cullinane the CIOT’s tax policy director called on the government to clarify the direction of its environmental tax policy as a result of the changes in recent years.

“We seem to be moving from green taxes that try to reduce energy use to them becoming just another revenue raising mechanism” he said. “We understand that there are different objectives to be balanced here but the government needs to be transparent with business and...

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