Written question asked by Allan Rogers (Labour) on Thursday, 20 July 2000, in the House of Commons. It was due for an answer on Wednesday, 26 July 2000. It was answered by Stephen Timms (Labour) on Wednesday, 26 July 2000 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what the principal objectives are of the proposed aggregates tax.

Answer: Mr. Rogers: To ask the Chancellor of the Exchequer what the principal objectives are of the proposed aggregates tax. [132431] Mr. Timms: The main objective of the aggregates levy is to bring about environmental benefits by making the price of aggregates better reflect their true environmental costs, and encouraging the use of recycled aggregates. In addition, some of the revenues from the levy will be used for the new `Sustainability Fund' aimed at delivering local environmental benefits to areas subject to the environmental costs of aggregates extraction. The Government will be consulting shortly on how this fund can best be used.

Secondary information

Type: Written question
Reference: 354 c694W; 132431
Session: 1999-00
Subjects: Aggregates levy Aggregates Environment protection Recycling Quarrying Taxation
Link: View this Written question on www.publications.parliament.uk