Finance Act 2024

Environmental taxes

29 Rates of landfill tax

(1) Section 42 of FA 1996 (amount of landfill tax) is amended as follows.

(2) In subsection (1)(a) (standard rate), for “£102.10” substitute “£103.70”.

(3) In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—

(a) for “£102.10” substitute “£103.70”, and

(b) for “£3.25” substitute “£3.30”.

(4) The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2024.

30 Rate of aggregates levy

(1) In section 16(4) of FA 2001 (rate of aggregates levy), for “£2” substitute “£2.03”.

(2) The amendment made by this section has effect in relation to aggregate subjected to commercial exploitation on or after 1 April 2024.

31 Rate of plastic packaging tax

(1) In section 45(1) of FA 2021 (rate of plastic packaging tax), for “£210.82” substitute “£217.85”.

(2) The amendment made by this section has effect in relation to packaging components produced in, or imported into, the United Kingdom on or after 1 April 2024.