MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who .
Producers transforming cooking oil into biodiesel presently take advantage of a 20p differential but that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently generate income from used cooking oil".
He included: "In order to have the ability to get this type of industry going it does require simply a bit of lift which can be found in the form of tax inevitable."
Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
imogenemccread edited this page 2025-01-18 14:04:52 +08:00