Commentary

V20.122 Material removed from water

Part V20 Landfill tax
Part V20 Landfill tax | Commentary

V20.122 Material removed from water

Part V20 Landfill tax | Commentary

V20.122 Material removed from water

Reason for the exemption

The exemption for waste dredged, or otherwise removed, from harbours and inland waterways was created because it was believed that the imposition of landfill tax on dredgings would act as a deterrent to the maintenance or restoration of waterways and harbour approaches. It was also recognised that to tax waste resulting from the commercial exploitation of seabed minerals could have a distorting effect on the industry. The level of tax lost is thought to be minimal, as dredgings are usually deposited on the banks of the watercourse from which they are

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial