The government will freeze the aggregates levy (AGL) rate for 2022-23 at £2 per tonne, but intends to return to index-linked rate changes in the future.
Businesses currently required to account for AGL on aggregate that they commercially exploit, and parties that bear an AGL charge as a cost component within their supply chains.
The rate will be frozen from 1 April 2022. No timeframe has been given for when index-linked rates might be restored.
Affected businesses will have at least another financial year of the status quo being maintained.