What is the new Plastic Packaging Tax?
The Plastic Packaging Tax is a tax on all plastic packaging which is not comprised of over 30% recycled materials. The tax will apply to all plastic packaging imported into or manufactured in the UK. The tax will however not be applicable to any packaging which consists of over 30% recycled materials or packaging which is not predominantly plastic by weight. The new tax measure will be introduced on the 1st April 2022 and will be charged at a rate of £200 per tonne.
Why is it being introduced?
The tax is being introduced just two weeks after the annual recognition of Global Recycling Day which took place on Friday, 18th March this year. The event (which was first launched in 2018) has seen a significant growth in importance and recognition since its launch. The event was established to “help recognise, and celebrate, the importance recycling plays in preserving our precious primary resources and securing the future of our planet” states the Global Recycling Foundation.
Recycling is now globally acknowledged as a key concept in safeguarding the world's future and in decreasing the amount of waste created. The plastic packaging tax is being introduced as one of several measure by the UK Government to help meet the goal of increasing the levels of recycling in the UK and pushing companies to do more to make sure their products are created from sustainable resources and recycled materials.