Bryn Reynolds
Bryn is a chartered accountant and chartered tax advisor who advises large businesses on all indirect tax issues including VAT, IPT and customs duties. He primarily advises large financial institutions and TMT clients including FinTech.
Practice Area
Panel
- Contributing Author
Experience
- Pinsent Masons (2023 - Present)
- Simmons & Simmons (2018 - 2023)
- Ernst & Young (2014 - 2018)
- KPMG (2010 - 2014)
Qualifications
- CIOT (2013)
- ICAS (2013)
Education
- University of Oxford BA (Hons) (2009)
1 Contributions by Bryn Reynolds
PRACTICE NOTES
UK Aggregates Levy: definitions, exemptions, compliance, rates and reliefs; key case law; devolution to Scottish Aggregates Tax and cross-border treatment from 1 April 2026
What is the aggregates levy?
HMRC administers an environmental tax, the aggregates levy, on the commercial exploitation of aggregates across the UK.
When does the levy apply?
The levy becomes chargeable when both conditions below are satisfied:
there is a taxable aggregate, and
that aggregate is commercially exploited within the UK
There are pending amendments to Finance Act 2001, s 16(2) to substitute ‘the United Kingdom’ with ‘England, Wales or Northern Ireland’ under Scotland Act 2016, s 18(3). The Act received Royal Assent on 23 March 2016, but the commencement date has not yet been appointed, and it is expected to change in line with the introduction of Scottish Aggregates Tax from 1 April 2026.
Meaning of taxable aggregate
Aggregate
Aggregates means:
rock
gravel
sand
It also includes substances incorporated within, or naturally occurring alongside, those materials, such as spoil, waste, off-cuts and other by-products.
Taxable aggregate
A taxable aggregate is any amount of aggregate that is commercially exploited, except where it is non-taxable under section 17 of the Finance Act 2001. These are referred to as non-taxable aggregates...
Environment
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