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Byline: Rachael Singh
tax body issues green guide
Business must engage in the environmental tax debate and get to know the options to truly benefit from savings
The Chartered Institute of Taxation has published a guide to 'green' taxes, explaining how they can benefit businesses trying to save money as well as helping them overhaul their approach to the environmental agenda.
The Green Tax Report assesses the performance and effect on business, taxation and the environment of existing green taxes, and how they can change companies' behaviour on issues such as encouraging low-emission fleet vehicles.
As government seeks to bring in more green taxes, business must engage in debate with it to ensure they genuinely help encourage better environmental policies, not just put companies under more financial pressure.
Tax band