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The more I learn about the terrible damage man is inflicting on the earth and its biodiversity, it makes me really sad to think that ou...

Calendar Posted 20 July 2011 | Feed Icon | Calendar 0 Comments

Any business that has to dispose of waste is being clobbered by landfill tax which seems to increase every year. So how can we reduce this cost?

Landfill Tax is charged according to the weight of material deposited.

There are two rates of Landfill Tax: the lower rate only applies to inactive or inert wastes listed in the Landfill Tax (Qualifying Material) Order 2011; the higher rate applies to all other waste that is taxable for Landfill Tax purposes and is chargeable at the standard rate.

The lower rate is ?2.50 per tonne from 1 April 2010 to 31 March 2012.

The standard rate is ?56 per tonne from 1 April 2011 to 31 March 2012 and will increase to:

?64 per tonne on 1 April 2012

?72 per tonne on 1 April 2013

?80 per tonne on 1 April 2014

So how do business reduce this cost?

Well here's one idea: has come up with an innovative free-to-use waste exchange...simply register as a member on the site, then you can advertise that you've got some waste materials and any of the other registered members can then get in touch with you directly to arrange shipment and any payment if applicable.

It's a new service, and its aim is to reduce the amount of materials being thrown into landfill sites. But it can also reduce your tax bill and even raise revenues!

by M Roper | 20 July 2011

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