Fund allocation to support local, deserving projects
Thornhaugh Environmental Association (TEA) is a steering committee, made up of representatives from the local area, which allocates funds to support local, deserving projects.
Project applications are considered by the TEA committee but all administration, registration and grant-payment handling is carried out by The South West England Environmental Trust (SWEET).
is an
independent, not-for-profit company and registered Environmental Body (EB) that
works within the Landfill Communities Fund, providing services to community
groups, local authorities, waste management companies and other EBs and
associations.
Where does the funding come from?
The
Landfill Tax Credit Scheme (LTCS) encourages and enables landfill operators (LOs)
to support a wide range of environmental projects by giving them a 90 per cent
tax credit against their donations to Environmental Bodies, e.g. SWEET. These
donations are capped at 6.0 per cent of the LO's landfill tax liability.