Government holds steady on aggregates tax
Attempts by the Opposition parties to derail the Government's plans for a tax on primary aggregates came to nothing during the Finance Bill's first day in Committee on 23 March. The Government defeated an amendment to introduce a lower tax rate for "green quarries" at the same time as the tax - but has promised to keep listening to concerns raised by Northern Ireland's quarrying industry and the pre-cast concrete sector about increased import penetration when the tax takes effect. The Bill also includes changes to the climate levy provisions, rules for the credit scheme for contaminated land clean-up and details of the scheme to reduce duty for green fuel development projects.
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