Agro Diesel (India) Private Ltd
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Founded Date December 19, 1927
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Sectors Accounting / Finance
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Posted Jobs 0
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Company Description
MP Backs Biodiesel Tax Break Campaign
MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently gain from a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting with the UK sustainable biodiesel alliance.
Mr George stated “a number of small businesses in Cornwall presently generate income from utilized cooking oil”.
He included: “In order to have the ability to get this kind of industry going it does require simply a bit of lift which is available in the type of tax foregone.”
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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St Ives Liberal Democrats
