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 produce biodiesel.
Producers converting cooking oil into biodiesel presently gain from a 20p however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a number of small businesses in Cornwall presently generate income from used cooking oil".
He included: "In order to have the ability to get this sort of market going it does need just a bit of lift which is available in the kind of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
millapasco6209 edited this page 2025-01-11 00:42:08 +01:00