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Environmental
Measures
Aggregates levy
Subject to state aid approval, the government
intends to extend the scope and length of the current relief for aggregates in
Northern Ireland. The new relief will continue to cover aggregate in processed
products and be extended to cover virgin aggregate, coming into effect during
2004 and fixed at the current level of 80% of the full rate until 31 March
2012.
Climate change levy
The eligibility criteria for climate change
agreements will be extended. Such agreements offer 80% reductions in the
climate change levy in return for negotiated environmental agreements.
Road fuel gases
The government has concluded that the
environmental benefits from LPG do not warrant the current level of duty
differential. Therefore the rate for LPG will be gradually increased.
Alternative fuels
The government has announced a three year
rolling commitment to the duty differentials between the main road fuels and
all alternative fuels. The relative rates will be announced in the spring 2004
Budget. |