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Levy on aggregates 'bad for business'

30th March 2000, Page 5
30th March 2000
Page 5
Page 5, 30th March 2000 — Levy on aggregates 'bad for business'
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Which of the following most accurately describes the problem?

• Aggregates hauliers face a significant downturn in business two years from now when a new tax, announced in last week's Budget. starts to bite.

The £1.60/tonne aggregates levy, which will take effect from April 2001, will affect anyone "commercially exploiting aggregate in the UV Dr importing it from abroad. This includes the "physical removal from the site where it was extracted", Quarried or mined products will be exempt from the charge, which will apply only to sand, gravel and crushed rol The levy is designed "tackle the environmen casts of quarrying and encot age recycling". But it h already been criticised some hauliers who claim I market for recycled aggr gates has reached saturati "What can be recycled h been," says John Haynes, w does work for leicestershir based CalIlford Road Ston "The trucks have to turn te quite a lot to break even. If v umes go down there will Ix huge impact on profit."

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