TAX NEWS: Tories to make green tax pledge. By Dan Martin

A government under the Conservatives would increase the proportion of green taxes, shadow chancellor George Osborne is to promise.

In a renewed effort to challenge Labour's record on the environment, Osborne claims that the total revenue raised from taxes on environmentally unfriendly actions has declined under Tony Blair from 7.7% in 1997 to 6.2% in 2006.

The shadow chancellor, who will make a speech later today in Tokyo detailing the Tory plans, is to promise for the first time that his party will make a manifesto pledge to hike up green taxes.

"I am clear that the proportion of tax re

Continued...

» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.