Finance Bill Tracking Service 2010 | Budget 2010


Who is likely to be affected?

1. Those commercially exploiting taxable aggregate in Northern Ireland.

General description of the measure

2. This measure will allow for the extension of the Northern Ireland Aggregates Levy Credit Scheme for a further ten years. The Scheme grants an 80 per cent tax credit to aggregate producers in Northern Ireland who meet certain conditions.

3. The Government intends to legislate this measure in a Finance Bill to be introduced as soon as possible in the next Parliament.

Operative date

4. The primary, enabling legislation will have effect on and after the date that it receives Royal Assent. Regulations will be laid at a later date following State aid approval for an extension of the scheme.

Current law and proposed revisions

5. Under section 30A of the Finance Act 2001, the Commissioners for HM Revenue & Customs may make regulations providing for a tax credit where a charge to aggregates levy has arisen on a quantity of aggregate which has been subject to commercial exploitation in Northern Ireland during a period ending 31 March 2011. Section 30A(2)(b) will be amended so that the period to which such regulations may apply ends on 31 March 2021.

6. Under regulation 3(1) of the Aggregates Levy (Northern Ireland Tax Credit)

Regulations 2004, a tax credit may only be granted on aggregate commercially exploited before 1 April 2011. Subject to EU Commission State aid approval, new regulations will be laid amending regulation 3(1) to extend this date to 1 April 2021.

Further advice

7. If you have any questions about this change, please contact the Excise and Customs Helpline on 0845 010 9000. Information about Budget measures is available on the HM Revenue & Customs website at