Explanatory note

These Regulations, which come into force on 1st April 2015, amend regulation 31(3) of the Landfill Tax Regulations 1996 (S.I.1996/1527) (“LFTR 1996”).

Regulation 31(3) of LFTR 1996 prescribes the maximum amount of credit which a landfill site operator may claim against its landfill tax liability, (during a specified period of time, referred to in LFTR 1996 as a “contribution year”), in respect of sums paid by it to certain bodies concerned with the environment. These Regulations vary the maximum amount of credit which a landfill site operator may claim; from 5.1% of its landfill tax liability in a contribution year to 5.7%.The changes made by these Regulations have effect in respect of contribution years beginning on or after 1st April 2015.

A Tax Information and Impact Note has not been prepared for this instrument as it contains no substantive changes to tax policy.