Her Majesty's Revenue and Customs (HMRC) has published new draft legislation on the proposed plastic packaging tax, which was first consulted on in 2019.
The new tax, aimed to be introduced on 1 April 2022, would apply to all plastic packaging that is produced in or imported into the UK that contains less than 30% recycled plastic by weight.
The main objective of this policy is to introduce a clear economic incentive for businesses to use recycled material in the plastic packaging, automatically creating greater demand for this material, reducing the amount of plastic waste, increasing the recycling rates for plastic and diverting this material from landfilling or incineration.
Plastic packaging tax would not apply to the packaging that is made with at least 30% recycled plastic or is made predominantly with other materials, such as paper or glass.
For more information on this subject, see:
