MPs call for introduction of new levy on clothing retailers - Article Milton Keynes & Wellingborough : Crouchers

MPs call for introduction of new levy on clothing retailers

The Environmental Audit Committee has called for the introduction of a new levy on so-called 'fast fashion' retailers.

20 Feb 2019

The Environmental Audit Committee has called for the introduction of a new levy on so-called 'fast fashion' retailers.

The Committee wants to make clothing retailers 'take responsibility' for the waste that is generated during the process of making new clothes.

It has suggested that each item of clothing retailers create should be subject to a 1p 'producer responsibility charge', termed the Extended Producer Responsibility (EPR) charge. The Committee believes that this will help pay for 'better clothing collection and recycling'.

The Committee also stated that taxation should be reformed to 'reward companies that offer clothing repairs', and also reward those who attempt to reduce the 'environmental footprint' of their products. Additionally, the Committee urged the government to 'reduce VAT on repair services'.

Commenting on the issue, Mary Creagh, Chair of the Environmental Audit Committee, said: 'Fashion retailers must take responsibility for the clothes they produce. That means asking producers to consider and pay for the end-of-life process for their products through a new EPR scheme.

'The government must act to end the era of throwaway fashion by incentivising companies that offer sustainable designs and repair services.'

acca

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

Crouchers Chartered Accountants, 1 Copperhouse Court, Caldecotte Business Park, Milton Keynes, Buckinghamshire MK7 8NL
Crouchers Chartered Accountants, Linden Building A, 8-9 Regents Park, Booth Drive, Wellingborough, Northants NN8 6GR
Crouchers Ltd | Registered Office : Milton Keynes address above | Co. No. : 08647307 | Registered in England
Crouchers Chartered Accountants is registered to carry out audit work in the UK by The Association of Chartered Certified Accountants. Details of our registration can be viewed at www.auditregister.org.uk.

Send an email: hello@crouchers.co.uk

Crouchers Chartered Accountants - Accountants in Milton Keynes & Wellingborough

© 2024 Crouchers Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.