'Charity' charge for plastic bags will net millions for Treasury.
Posted: 13 Jan 2014, 17:43'Charity' charge for plastic bags will net millions for Treasury, admits minister
A mandatory “charity” plastic bag charge which comes into force next year will rake in millions of pounds in tax for the Treasury, Telegraph discloses
By Christopher Hope, Senior Political Correspondent
2:50PM GMT 13 Jan 2014
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Six billion plastic bags are used across the UK annually but the Government will charge 5p tax on their use. Photo: ALAMY
A mandatory “charity” plastic bag charge which comes into force next year will rake in millions of pounds in tax for the Treasury, The Telegraph can disclose.
Nick Clegg, the Deputy Prime Minister, unveiled Government plans to charge 5p for plastic bags from October 2015 at September’s party conference.
He justified the new plastic bag charge next year by saying it will raise money for charity and stop damage to the environment.
However ministers have now admitted that the charge will raise millions of pounds a year in VAT for the Treasury.
Dan Rogerson, the environment minister, told MPs on the Environmental Audit Committee that he expected the charge to raise £95million a year, only £70million of which will go to “charitable causes”.
http://www.telegraph.co.uk/earth/environment/10568840/Charity-charge-for-plastic-bags-will-net-millions-for-Treasury-admits-minister.html
A mandatory “charity” plastic bag charge which comes into force next year will rake in millions of pounds in tax for the Treasury, Telegraph discloses
By Christopher Hope, Senior Political Correspondent
2:50PM GMT 13 Jan 2014
[img]http://i.
Six billion plastic bags are used across the UK annually but the Government will charge 5p tax on their use. Photo: ALAMY
A mandatory “charity” plastic bag charge which comes into force next year will rake in millions of pounds in tax for the Treasury, The Telegraph can disclose.
Nick Clegg, the Deputy Prime Minister, unveiled Government plans to charge 5p for plastic bags from October 2015 at September’s party conference.
He justified the new plastic bag charge next year by saying it will raise money for charity and stop damage to the environment.
However ministers have now admitted that the charge will raise millions of pounds a year in VAT for the Treasury.
Dan Rogerson, the environment minister, told MPs on the Environmental Audit Committee that he expected the charge to raise £95million a year, only £70million of which will go to “charitable causes”.
http://www.telegraph.co.uk/earth/environment/10568840/Charity-charge-for-plastic-bags-will-net-millions-for-Treasury-admits-minister.html