Major projects to be hit by ‘mammoth’ admin burden from aggregate levy reforms

By Tom Lowe2021-12-09T06:00:00

PwC says proposals to remove tax exemption for gravel pits could become law as soon as March

Projects including HS2 and the Dogger Bank offshore wind farm could be hit by a “mammoth” admin burden because of proposed tax changes likely to be introduced next year.

Last week HMRC announced changes to the aggregate levy, which taxes the use of pits containing materials such as gravel, sand and rock for construction schemes.

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