Osborne admits 'green' Air Passenger Duty is just a revenue-raiser
In a leaked letter, George Osborne wrote: ?APD is fundamentally a revenue raising duty and currently raises around ?2.5billion per year.?
Treasury officials acknowledged that the Chancellor’s comments in his leaked letter ? describing APD as ?fundamentally a revenue raising duty? ? represented Government thinking.
Read more: http://www.thisismoney.co.uk/money/news/article-2047332/Osborne-admits-green-Air-Passenger-Duty-just-revenue-raiser.html#ixzz1abP8OkEN