Textiles: Recycling

Summary

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of (a) VAT reductions, (b) tax breaks and (c) other financial incentives for businesses engaged in (i) upcycling and (ii) the sustainable production of textiles

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Timeline

1. 4 October 2024

   Written question

   To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of (a) VAT reductions, (b) tax breaks and (c) other financial incentives for businesses engaged in (i) upcycling and (ii) the sustainable production of textiles

   Source: Commons

2. 14 October 2024

   Answer

   The Government has inherited a challenging fiscal position, with debt near 100% of GDP and borrowing more than double what it was before the pandemic. In addition to this, a Treasury audit in July 2024 revealed an additional £21.9 billion pressure on depa...

   Source: Written answer

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• · Treasury · Answering body

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