environmental tax

Question 1

what is an environmental tax?

Answer 1

corrective tax. tax base is a physical unit of something that has a proven, specific, negative impact on environment

Question 2

give some examples of environmental taxes.

Answer 2

• emissions trading scheme (cap & trade)
• transport taxes (fuel duty, congestion charge, air passenger duty)
• climate change levy
• 100% capital allowances
• landfill tax
• aggregates levy (extracting sand, gravel & rock)
• plastics (plastic bag charge)