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Green Taxes

 
Helen Devenney Director Deloitte reviews the UK's tax measures aimed at encouraging environmentally friendly behaviour and how these impact the competitiveness of UK businesses
 
As the environment soars up the political agenda there has been much discussion as to how taxes can be used to achieve environmental objectives. Different countries have taken different approaches to green taxes and unlike VAT there is no common system of green taxation within the European Union (EU). The UK has a relatively well developed system of green taxes and has been attempting to balance environmental aims with the need for UK businesses to remain competitive.
 
This article reviews the measures that have been introduced in the UK both in terms of new green taxes and modifications that have been made to...

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