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Aggregates Levy (General) Regulations 2002

Volume 457: debated on Thursday 8 March 2007

To ask the Chancellor of the Exchequer what estimate he has made of the (a) one-off and (b) recurring costs of implementing the Aggregates Levy (General) Regulations 2002 to (i) businesses and (ii) the regulators. (125600)

A full regulatory impact assessment was published in respect of the aggregates levy in March 2000, alongside the Budget. This is available on the HM Revenue and Customs website.

Aggregates levy receipts are returned to business, principally through a 0.1 percentage point reduction in employers’ national insurance contributions, which was introduced simultaneously with the levy in April 2002.