Insights 25.3.22 Author: Sandy Cochrane

VAT changes from 1 April 2022: Introduction of Plastic Packaging Tax

Insights 25.03.2022 Author: Sandy Cochrane

All businesses trading in the UK that have manufactured or imported 10 or more tonnes of plastic packaging a year may need to register for and pay the Plastic Packaging Tax at £200 per ton.

The new tax will be levied on producers and importers of plastic packaging which does not contain sufficient recycled content, with the additional costs expected to be incurred throughout the supply chain.

What next?

If you have any questions about the Plastic Packaging Tax, please contact Sandy Cochrane.