As of 1 April 2017, the standard rate of landfill tax increased from £84.40 per tonne to £86.10 per tonne. The Treasury has also announced that the tax is set to increase further in 2018, when it will reach £88.95 per tonne.
The landfill tax represents a costly expense that impacts a business’s bottom line. But by lowering the amount you pay, you’ll see year-on-year savings.
How can you avoid the rise?
All waste sent to landfill is taxable, but by reducing what is sent to landfill companies can make huge savings.
Greenbank specialises in waste management and has helped many clients reduce waste to landfill, with many achieving zero to landfill.
For companies producing large amounts of waste, recycling is the easiest way to divert waste sent to landfill. Despite common beliefs that recycling measures can be expensive, they actually increase efficiency and can create an extra revenue stream. Recyclers pay for materials that are in demand – cardboard, polythene, polystyrene and more.
Balers are one of our most popular products, and these are used to compress recyclable materials into manageable bales that can be easily stored until they are collected.
With these, waste is stored away, collections are timely and revenue is generated from the sale of recyclables. Better still, diverting waste from landfill is environmentally friendly, and means many businesses are a huge step closer to achieving their sustainability targets.
