Plastic Packaging Tax
The Plastic Packaging Tax will be a tax on plastic packing material manufactured in, or imported into, the UK where the plastic used in its manufacture contains less than 30% recycled plastic[1]. It is to commenced from April 2022 at a rate of £200 per tonne and some amendments were made to clarify its implementation[2]. Rates increased to £210.82 from April 2023, and will increase again to £217.85 from April 2024.
As at the 10th January 2022 HM Revenue and Customs published the guidance[3] on what Plastic falls in and out of scope of the tax with the most recent update being 7th February 2022[4]. In some cases this does not align with other definitions of Packaging Waste as, for example, it initially included the silage film used by farmers but after extensive lobbying this has now been removed, and excludes bags for life from the scope of the tax.
References
- ↑ [1]HM Revenue and Customs Guidance for Business: Updated September 2021
- ↑ [2]HM Revenue and Customs Plastics Packaging Tax Amendments Published October 2021
- ↑ [3]HM Revenue and Customs Guidance: Packaging in and out of scope of Plastic Packaging Tax Published January 2022
- ↑ Guidance: Work out which packaging is subject to Plastic Packaging Tax