Following the Autumn 2021 Budget on 27 October 2021, HM Revenue & Customs (HMRC) have released their Landfill Tax Briefing which states the following in relation to the Landfill Communities Fund (LCF):
"Maximum percentage credit in 2022-23
As announced at Autumn Budget 2021, the potential value of the LCF for FY 2022-23 will be set at £30.8 million.
The percentage credit that landfill site operators may claim against their annual Landfill Tax liability for LCF contributions made to environmental bodies (EBs) will be maintained at 5.3% from 1 April 2021.
Environmental body levy
The ENTRUST levy for FY 2022-23 is set at 3.56%. This was published by ENTRUST on their website on Budget Day.
Contributing Third Parties (CTPs)
In some cases, landfill site operators require EBs to find a separate funding third party, termed a Contributing Third Party to provide the 10% shortfall, or a portion of it.
It is expected that landfill site operators will absorb some, or all of the 10%."
The briefing document is to the right hand side of this page.