Many businesses face investigations, extra tax and penalties because of a specific and technical legislative regime that can “confuse” landfill taxpayers, law firm Pinsent Masons has said.
The law firm has said these extra costs are “potentially worth millions of pounds”. Sam Wardleworth, Senior Associate at Pinsent Masons, said that landfill tax can be difficult for businesses to report correctly as parts of the regime are complex and difficult to apply in practice.
Landfill tax is imposed on waste disposed of in landfill and is designed to encourage waste reduction and recycling.
The law firm highlighted how, what it called the HMRC’s “literal interpretation” of technical language describing waste materials, can increase the liability of waste and result in penalties.
Read the entire article here: https://www.circularonline.co.uk/news/complex-landfill-tax-rules-costing-businesses-millions-law-firm-says/
