HISTORIC PRESS RELEASE : Consultation on the Land Fill Tax Credits Scheme published today [April 2002]

The press release issued by HM Treasury on 17 April 2002.

The Financial Secretary to the Treasury, Paul Boateng, and the Environment Minister, Michael Meacher, today launched a consultation on possible changes to the Landfill Tax Credit Scheme (LTCS).

The consultation paper seeks views on the priorities for funding as well as potential funding mechanisms for the scheme, ranging from retaining it in its current form to replacing it with a public spending programme.

Paul Boateng said:

“Consulting on the landfill tax credit scheme allows us to benefit from the views and experiences of the waste industry, environmental groups, local people and other interested stakeholders. The Government is very interested in hearing the views of all who have an interest in this scheme. We are seeking views on what the priorities for funding should be from the revenue currently going through the scheme. These could include sustainable waste management, local community projects or other wider Government objectives. We also want opinions on the best way of delivering these objectives.”

Mr Meacher said:

“The landfill tax credit scheme has funded local environmental projects as well as work on sustainable waste management.  This consultation seeks views on how we can enhance the environmental benefits of this funding still further.”