The UK Plastic Packaging Tax
At Waddington Europe we take packaging personally, that is why we are committed to reducing the impact our products can have on the environment.
Our sustainability vision, as a Novolex brand, is to innovate sustainable choices for our customers to meet a range of environmental, social and governance goals.
It is for this reason that most of our products already contain a minimum of 30% recycled plastic, being PPT compliant.
What is the UK Plastic Packaging Tax?
From 1st of April 2022, all plastic packaging produced in or imported into the UK which contains less than 30% recycled plastic will be taxed at a rate of £200 per tonne.
Why is it needed?
The goal of the UK Plastic Packaging tax is to provide an economic incentive for business to use more recycled plastics in the manufacturing of packaging. As a result, recycling and collection levels of plastic waste will increase, helping to prevent this valuable material resource ending up in landfills or being incinerated.
Who will be liable?
UK manufacturers, importers, business customers of manufacturers and importers of plastic packaging and consumers who buy goods in plastic packaging in the UK.
This measure is not expected to impact consumers as plastic packaging usually constitutes a very small amount of the total cost of goods.
Further info on PPT - Plastic Packaging Tax - GOV.UK
What is the latest?
Although the Secondary Legislation is still being reviewed, a statement on the amount of plastic packaging tax arising in relation to the non-compliant plastic packaging components will be included when invoicing a business customer from the 1st of April.
Are you ready for the UK Plastic Packaging Tax?
Due to the limited capacity of recycled materials in the UK, it is essential for businesses to qualify all their products prior to April 2022.
To find out more, please email firstname.lastname@example.org