QPANI have recently launched a significant report reviewing the Aggregates Levy Credit Scheme (ALCS). Back in 2002 QPANI lobbied hard for the 80% rebate in Northern Ireland and the investment that the industry has made in respect of ALCS has been significant, protecting the viability of our industry and the jobs they provide. The industry has certainly delivered and we are proud of their achievements.
This report sets out evidence and views expressed by our political leaders the ALCS has been a success. It is an excellent example how financial incentives linked to procurement policy can raise standards. Its adoption by the Government and subsequent industry participation has resulted in significant environmental improvements, it has created the much sought after level playing field within the sector; resulted in more joined up government by the regulatory authorities and has protected the viability of quarrying companies and the jobs they provide, particularly in areas close to the border with the Irish Republic.
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ALCS and the current rebate on the Aggregates Levy will end on 31 March 2011. An application for State Aid Approval for a continued 80% rebate is currently with the European Commission, whereby a new Credit Scheme will have to be formulated and agreed.
Comments on the publication or on ALCS would be welcome as we commence dialogue with the Commissioner Joaquín Almunia at the European Commission to approve State Aid for the continued 80% rebate of the Aggregates Levy and ensure a workable Aggregates Levy Credit Scheme post-2011.
Email your support to help QPANI to secure a further 10 year derogation.
To download & save a copy of the Aggregates Levy Credit Scheme Report please click here (pdf).
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