£150m boost for green tax credits scheme
Donations of landfill tax credits from landfill operators nationally have reached £150 million since it was introduced in October 1996.
Dr Richard Sills, chief executive of ENTRUST, the regulatory body for the scheme, said, “I am delighted that the scheme is able to boast this tremendous figure, the funds are currently increasingly daily with over £11m being donated since January of this year. The increase in the landfill tax from £7 to £10 per tonne, announced in the budget, means the scheme has potentially a further £20 million a year available for donation from landfill operators.
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