Going green fast - on taxes ; A complete VAT break on green would be enormous incentive products for sector: THERE are few things in life as certain as death and taxes - or so the saying goes. And when it comes to a new wave of green levies there's even less room for doubt. Special report by Environment Correspondent KELLEY PRICE

Evening Gazette › June 16, 2009

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Summary

PUNITIVE eco taxes are accelerating 10 times faster than the green tax breaks that were supposed to deliver a carrot over stick approach to carbon reduction.

That's according to North-east accountants UHY Torgersens, who have accused the Government of squeezing the green cash cow for all it's worth to help plug a widening hole in the economy.

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Extract

Going green fast - on taxes ; A complete VAT break on green would be enormous incentive products for sector: THERE are few things in life as certain as death and taxes - or so the saying goes. And when it comes to a new wave of green levies there's even less room for doubt. Special report by Environment Correspondent KELLEY PRICE

But some canny companies on Teesside have managed to play the Treasury incentives to their advantage - and they say firms that don't bother are missing a trick.

According to UHY's report, the Government ...

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