UK green taxes hit record high of £43 billion

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UK households and businesses paid a record £43 billion in green taxes last year, new official figures show.

The Treasury’s revenues from environmental levies increased by £1.7 billion last year, from £41.3 billion in 2012. They have soared from £30.4 billion in 2003.

The total green tax revenues for 2013 are the equivalent of £1,629 for every household – up from £1,564 in 2012 and £1,221 per household in 2003.

However, the ONS said that the majority of the bill was paid by businesses, not domestic consumers.

More than £500 million of the increase in the green taxes last year was due to rising renewable energy levies to subsidise the construction of wind and solar farms and other green technologies

via UK green taxes hit record high of £43 billion – Telegraph.

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