NuGen Properties

Scotland unveils breakaway aggregate tax

The proposals form part of the Aggregates Tax and Devolved Taxes Administration (Scotland) Bill, which has been introduced to the Scottish parliament.

If approved by MSPs, the SNP government intends to introduce the tax from 1st April 2026. It would replace the UK aggregates levy, using powers devolved under the Scotland Act 2016, and would tax the sale or use of aggregates consisting of freshly extracted rock, gravel or sand.

The Bill also includes amendments to the Revenue Scotland and Tax Powers Act 2014 to support the collection of tax by Revenue Scotland.

Public finance minister Tom Arthur said: “The new tax proposals have been developed to support the Scottish government’s ambitions for a fair, green and growing economy, encouraging the use of recycled materials in aggregates across a range of construction-related activities. The tax would be administered by Revenue Scotland, allowing for a modern, effective and Scotland-specific approach.

“In line with our New Deal for Business, this legislation has been informed by extensive engagement with the aggregates industry and others, and I am grateful to our advisory group for their input so far. I look forward to this group’s work continuing as the Bill progresses through parliament.”

Got a story? Email [email protected]

Source link

Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Great firm to communicate with fast and good quality work.