Legal Spotlight - October 2011 Rise in environmental taxes

Tags: spotlight | legislation | legal | finance | legal spotlight | landfill | levy | tax


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With the Government’s current interest in the environment and all things ‘green’, the legislation that affects the further and higher education sector is changing all the time. With new Acts of Parliament, changing regulations and updates to guidelines, it is hard for anyone to keep track but knowing how to comply is a must. These updates are only accessible to EAUC Members.

In this issue:

The Finance Act 2011 that replaced the Finance Act 2000 has increased a number of taxes, including environmental taxes, impacting universities and colleges. From April 2012, both the Climate Change Levy paid on electricity, gas and other fuels and the Landfill Tax will increase by around 18% and 14%, respectively. So institutions can achieve significant savings by energy efficiency and minimisation of landfill waste.

Disclaimer: The information presented here provides an overview of legislation relevant to tertiary education. It does not constitute professional legal advice and in all cases where you intend to give an opinion or act on the content expressed here you should first obtain such advice.