Preview

Environmental Taxes in the United Kingdom and Australia

Powerful Essays
Open Document
Open Document
3350 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Environmental Taxes in the United Kingdom and Australia
Environmental Taxes in the United Kingdom and Australia

Written by,
Group No: 1031
Sherman Li (610016052)
Meenu Annadurai (610032500)
Chi Yan Wong (590070663)
Ghinna Maharanny (610042745)

BEA 2002
15 February 2013
Word Count: 1994 words

TABLE OF CONTENTS
Table of contents………………………………………………………………...2 1.0 Introduction ………………………………………………………………… 3 2.0 Landfill Tax …………………………………………………………………4 3.1 United Kingdom……………………………………………………..4 3.2 Australia……………………………………………………………..4 3.0 Aggregates Levy……………………………………………………………..6 4.3 United Kingdom……………………………………………………..6 4.4 Australia……………………………………………………………..7 4.0 Climates Change Levy………………………………………………………8 5.5 United Kingdom……………………………………………………..8 5.6 Australia……………………………………………………………..8 5.0 Conclusion………………………………………………………………….10 6.0 Bibliography………………………………………………………………..11 7.0 Appendices…………………………………………………………………15

1.0 Introduction
Environmental issues have intensified for the past ten years, and countering them has become one of the biggest priorities in each government’s agenda. However, as stated in the PwC report “Appetite for Change”, found that businesses in 15 different countries consider that existing environmental taxes and regulations are ineffective, inconsistent and unclear. Another point identified by the report was that the business community is ready for and supportive for environmental changes, but to really start a revolutionary campaign, the government must embrace the role of leader and propel its schemes.
In this report, the three main environmental taxes that will be discussed are landfill tax, aggregates levy and climate change levy. The three UK’s respected taxes will first be examined, and then a comparison is drawn with the Australian taxes to provide a study on the differences and similarities of the two countries’ environmental tax policies.

2.0 Landfill Tax
2.1 United Kingdom
The purpose of the tax is to


Bibliography: ACCA, . "Green Taxation in a recession." (2012): n. page. Print. <http://www.accaglobal.com/content/dam/acca/global/PDF-technical/tax- publications/tech-tp-gtiar.pdf>. Australia '10 years behind uk in managing waste’. (2009). The Sydney Morning Herald.Web EPA Victoria, (2012). Landfill and prescribed waste levies. Web. 18 Jan 2013 <http://www.epa.vic.gov.au/your-environment/waste/landfills/landfill-and-prescribed-waste-levies> European Environment Agency, . "Effectiveness of environmental taxes and charges for managing sand, gravel and rock extraction in selected EU countries." (2008): 26-29 HM Revenue and Customs, (2012). Landfill tax (LFT) bulletin - July 2012. Retrieved from website: https://www.uktradeinfo.com/Statistics/Tax and Duty Bulletins/Landfill0712.xls Landfill tax rise 'catastrophic ', says Essex skip firm. (2012, 01 06). BBC News. Web. 8 Feb 2013 <http://www.bbc.co.uk/news/uk-england-essex-18297883> Municipal Waste Advisory Council (MWAC), (2012). Background paper landfill levy. Print. 17 Jan 2013 <http://www.wastenet.net.au/issues/Legislation/landfilllevy/levy/file/at_download> PriceWaterhouseCoopers, . "Appetite for Change: Global business perspectives on tax and regulations for a low carbon economy." (2010): n Rip Queensland Landfill Levy. (2012, 05 01). Business Environment Network. Web. 18 Jan 2013 <http://ben-global.com/storyview.asp?storyID=9587730§ion=Advanced Technologies§ionsource=s1450114> South Australian Government , Zero Waste SA. (2012). Waste levy. Web. 20 Jan 2013 <http://www.zerowaste.sa.gov.au/About-Us/waste-levy> Western Australia Government, Waste Authority. (2012). Levy. Web. 19 Jan 2013 <http://www.zerowaste.wa.gov.au/about/levy> (source: HMRC Bulletin July 2012) Appendix 2: Different landfill tax rate in Australia
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    The Australian Carbon Tax Introduced by Julia Gillard. Pros and Cons and If It Will Succeed
    • 2211 Words
    • 9 Pages

    The Australian Carbon Tax Introduced by Julia Gillard. Pros and Cons and If It Will Succeed

    Nearly every news day we hear about the carbon tax. Many support it and many oppose it. Julia Gillard says it will cut emission whilst others just think it will drive up prices. The analysis undertaken by simulating the impact of a carbon tax of $23 a tonne reveals some interesting outcomes. For example, in the short run, Australia’s real GDP may decline by 0.68 percent, consumer prices may rise by 0.75 percent, and the price of electricity may increase by about 26 percent as a result of the tax. Nevertheless it allows Australia to make a substantial cut in its CO2 emissions. The simulation results imply an emission reduction of about 12 percent in its first year of operation. The tax burden is unequally distributed among different household groups with low-income households carrying a relatively higher burden. Many think that the carbon tax will impact the large polluting industries such as mining and electricity with respect to reducing the pollution they produce but others think they will continue on with normal procedures and just pass on the tax onto consumers. Today I will be trying to prove or disprove the statement of:…

    • 2211 Words
    • 9 Pages
    Better Essays
    Read More
  • Better Essays

    Case Study: Riordan Manufacturing
    • 1116 Words
    • 5 Pages

    Case Study: Riordan Manufacturing

    In a profit-driven market, executive decisions are based on capital gain instead of long-term sustainability of the planet. Too many pollutions have killed the sea life in the oceans, the streams, the ground soil, the ozone, and all of these practices have poisoned the planet. Business leaders need to change their philosophy of sustainment through capital gain to sustainment through environmental sustainability and be a socially responsible company to stay competitive in today 's market…

    • 1116 Words
    • 5 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Crazy Mass Source Analysis
    • 89 Words
    • 1 Page

    Crazy Mass Source Analysis

    This is probably one of the highly effective bodybuilding anabolic supplements I've ever had. The steroids used in Crazy Mass has significantly increased the metabolic rate of my body and helped me gain lean muscle mass. Within first month of consumption of this supplement, I noticed gradual increase in my weight, not to mention remarkable improvements in strength and stamina. What’s more, there are no side effects of using this product! I would certainly recommend Crazy Mass to anyone looking for boosting the size and strength of his body.…

    • 89 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Texas constitution.
    • 547 Words
    • 2 Pages

    Texas constitution.

    Texas, like most other states, has functioned under a series of Constitutions, each of which has contributed to the state's constitutional legacy. Each is appropriately understood from the perspective of the period in which it was adopted. The current Constitution was written in 1876 after the termination of Reconstruction policies. Because reconstruction policies were oppressive, the Constitution was designed to put strong restraints on government to guard against future abuses of power. Today, the document is so restrictive that many believe it is counterproductive. However, a rewrite of the Constitution has been elusive, due to special interests and others who believe that they benefit from the current system.…

    • 547 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Ecology of Commerce Paper
    • 573 Words
    • 3 Pages

    Ecology of Commerce Paper

    Our business practices are destroying our Earth, cutting away our forests, wiping out protected and non-protected animals, using up natural resources and most don’t know or sadly don’t care. Businesses don’t have the time or patience to worry about the environment but when all the resources are depleted, then what will they do? Big companies are trying to do small things like telling the workers to recycle or dedicating trees on their property to help stimulate the environment, but what they don’t…

    • 573 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Interest Groups: The New Deal, Civil Rights Movement
    • 1188 Words
    • 5 Pages

    Interest Groups: The New Deal, Civil Rights Movement

    As it stands now, economic policy revolves such topics as taxation, budgets, and the labor market. Economic policy often targets inflation and unemployment as well as attempting to stimulate economic growth. However, with interests being targeted towards improving the environment, economic policy would need to intertwine, or even supplant, economic growth with economic sustainability efforts. One way such policies may be affected is with taxation. In addition to the current taxation system, it is possible to imagine interest groups lobbying on behalf of the carbon tax, or a general vehicle tax, or advocating for policy changes that tax companies for pollution or subsidizing companies for their green efforts. There are several alterations to the tax code that an environmental interest group could see fit to make; however, these are just a few. Moreover, as demonstrated by the film Carbon Nation, environmental efforts can be used to increase the labor market. Lobbying on behalf of the environment for economic policy change, would do one thing that Americans always seem to call for, increase jobs. It would seem that if the environment were to be the central organizing principle of society, then economic policy would be overhauled, but such changes would not just drastically change the lives of Americans, but could, in fact, improve people’s…

    • 1188 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Summary of Urban Sprawl
    • 309 Words
    • 2 Pages

    Summary of Urban Sprawl

    Gonzalez points out that the international business organization the Global Climate Coalition which stands for fuel industry is actively against reducing greenhouse gases by government regulations. The author claims that another two international business groups the World Business Council for Sustainable Development and the International Chamber of Commerce, which stand for car industries and oil companies, are business-led policy discussion organizations on global warming. He puts forward that the companies support to decrease greenhouse emissions through developing technology such as electric cars and ecological modernization -- the idea that it is responsibility of business organizations to make their activities less environmentally harmful. Nevertheless, Gonzalez criticizes the conception weak and argues that it depends greatly on technology without considering environmentally sensitive land management. He explains that there are two defects in WBCSD's suggestions: Firstly, ecological problem could just be transferred from one aspect to another of one ecosystem; Secondly, no effective technology has been developed to solve global warming. In addition, according to the author's view, business groups such as oil sector and car company keep off the question of urban…

    • 309 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Carbon Tax Essay
    • 2193 Words
    • 9 Pages

    Carbon Tax Essay

    This report investigates the above mentioned introduction of the carbon tax in Australia as closely interconnected to with the dominant environmental…

    • 2193 Words
    • 9 Pages
    Best Essays
    Read More
  • Better Essays

    Kite Runner Essay
    • 1154 Words
    • 3 Pages

    Kite Runner Essay

    Betrayal lingers like a curse, haunting its way into consciousness, injecting its poison of despair and loneliness. The action of Betraying is mostly associated with hate. However, there are some exceptions. Betrayal is not always done by evil people neither it is necessarily a closed end to a strong relationship between individuals. In khaled Hosseini’s novel The kite Runner, it is illustrated through character and setting the situations where betrayers were put under hard situations which causes them to commit actions that oppose their ethics. The goodness that exists in betrayers’ hearts in this novel indicates how everything can be betrayed, but hate could still be replaced by love.…

    • 1154 Words
    • 3 Pages
    Better Essays
    Read More
  • Better Essays

    Business Regulation Paper
    • 2230 Words
    • 9 Pages

    Business Regulation Paper

    Environmental regulation remains the single most expensive area of government’s regulation of the business community. Environmental and pollution-control laws govern…

    • 2230 Words
    • 9 Pages
    Better Essays
    Read More
  • Powerful Essays

    Environmental Sustainability In Australia
    • 1170 Words
    • 5 Pages

    Environmental Sustainability In Australia

    Compare and contrast Australian government policies relating to environmental sustainability with those of another country.…

    • 1170 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    The Responsibility Revolution
    • 517 Words
    • 3 Pages

    The Responsibility Revolution

    Corporate response to consumers clamor for responsibility and commitment vary, some set up a consortium to run its initiatives, some set up their individual environmental and energy cutting initiatives and others started contributing 1% of their revenues to the Global Fund which gives a “halo effect” for these companies. The question of “green washing” also arises in the midst of this campaign for firms that…

    • 517 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Lit Review Household/Carbon Footprint
    • 1020 Words
    • 5 Pages

    Lit Review Household/Carbon Footprint

    Households’ carbon footprints have fluctuated on a regular basis for many years. Why is this the case? Surely our carbon footprint should be reducing with ever increasing pressures from Governments and NGOs to consider the consequences of our lifestyles on the future of our planet. This is not the result though, “our needs and desires are expressed in the consumer demand for commodities, and it is this demand for goods and services which drives the production processes that consume resources” (Druckman, Jackson, 2009). Druckman and Jackson aim to understand carbon dioxide emissions from economic activity and “explore the variation in carbon footprints across different segments of society.” Druckman and Jackson found that affluence was a big factor in determining carbon emission disparities but it was not the only factor. Using a Local Area Resource Analysis (LARA) model, they realised that dwelling type and household composition also played a part. Using a variety of different methods and data, Druckman and Jackson tried to understand the variations in the UK’s carbon emissions. Examples of the different types of data in the literature were: “Allocation table for high level functional uses”, trends in CO2 and household expenditure in the UK and “CO2 emissions attributable to Supergroups”. In almost all research projects there are assumptions and limitations and this was also the case in this literature. Druckman and Jackson are attempting to understand emissions linked to consumption, something that requires a great amount of data collecting due to embedded consumption. This consumption accounting requires Environmental Input-Output modelling which has not been used in the UK since 1995. Druckman and Jackson therefore have to use alternative methods (in this case, the “1995 Leontief Inverse and Imports Use Matrices”), this means that industry structure is not accurate, which therefore means that the…

    • 1020 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    Ecological Concern in International Business
    • 6836 Words
    • 28 Pages

    Ecological Concern in International Business

    To the casual observer, the greening of mainstream business may appear to be a recent phenomenon, but it is no ephemeral fad, according to writer and green business strategist Joel Makower. Rather, he says, it represents a shift in how business is being done, born of a confluence of global challenges: energy and natural resource constraints, global security concerns, growing public health problems, and the specter of disruptive climate change. And opportunities: a wealth of new enabling technologies that allow business efficiency to increase dramatically, dematerializing and detoxifying products and services along the way. The merging of economic and environmental interests may engender one of the biggest business transformations in decades, spurred on by a societal imperative to harness the unparalleled power of the private sector to address the world’s most pressing environmental problems.…

    • 6836 Words
    • 28 Pages
    Powerful Essays
    Read More
  • Good Essays

    My Holiday Destination
    • 680 Words
    • 3 Pages

    My Holiday Destination

    • the Minister will have the power to make regulations for the imposition of compulsory charging for identified waste streams (for example, plastic bags) and deposit systems (for example, second-hand non-reusable tyres); and…

    • 680 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics