The New Plastic Packaging Tax
From the 1st April 2022, the Plastic Packaging Tax comes into force in the UK. Companies who import or produce packaging made primarily of virgin plastics (less than 30% recycled) will be required to pay the tax.
Aside from any exemptions, the rate of taxation on chargeable plastic packaging will be £200 for every metric tonne of virgin plastic packaging imported or manufactured.
It has been stated that this tax will implemented in order to change behaviour around use of plastics as opposed to collecting large sums of money.