Steven Porter tells you everything you always wanted to know about the Plastic Packaging Tax but were afraid to ask…
A new tax on plastic packaging manufactured in, or imported into, the UK that does not contain at least 30% recycled plastic applied from 1 April 2022.
Manufacturers or importers of plastic packaging, including importers of packaging which already contains goods, need to ensure they comply with the tax. The rate of tax is £200 per metric tonne of plastic packaging.
Plastic packaging tax (PPT) is an environmental tax designed to provide a financial incentive for businesses to use recycled plastic in the manufacture of plastic packaging. The government envisages this will create greater demand for recycled plastic, stimulating increased levels of recycling of plastic waste and diverting it away from landfill or incineration.
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