Plastic Packaging Tax: Difference between revisions

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[[Category:Legislation & Policy]] [[Category:Economics]]
[[Category:Legislation & Policy]] [[Category:Economics]]
The [[Plastic Packaging Tax]] will be a tax on plastic packing material manufactured in, or imported into, the UK where the plastic used in its manufacture contains less than 30% recycled plastic<ref>[https://www.gov.uk/government/publications/get-your-business-ready-for-the-plastic-packaging-tax/further-information-for-businesses [[HM Revenue and Customs]] Guidance for Business: Updated September 2021]</ref>. It is to commence from April 2022 at a rate of £200 per tonne and some amendments have been made to clarify its implementation<ref>[https://www.gov.uk/government/publications/plastic-packaging-tax-amendments/plastic-packaging-tax-amendments[[HM Revenue and Customs]] Plastics Packaging Tax Amendments Published October 2021] </ref>
The [[Plastic Packaging Tax]] will be a tax on plastic packing material manufactured in, or imported into, the UK where the plastic used in its manufacture contains less than 30% recycled plastic<ref>[https://www.gov.uk/government/publications/get-your-business-ready-for-the-plastic-packaging-tax/further-information-for-businesses][[HM Revenue and Customs]]<span> Guidance for Business: Updated September 2021</span></ref>. It is to commenced from April 2022 at a rate of £200 per tonne and some amendments were made to clarify its implementation<ref>[https://www.gov.uk/government/publications/plastic-packaging-tax-amendments/plastic-packaging-tax-amendments][[HM Revenue and Customs]]<span> Plastics Packaging Tax Amendments Published October 2021</span> </ref>. Rates increased to £210.82 from April 2023, and will increase again to £217.85 from April 2024.


As at the 10th January 2022 [[HM Revenue and Customs]] published the guidance<ref>[https://www.gov.uk/government/publications/examples-of-packaging-in-and-out-of-scope-of-plastic-packaging-tax/packaging-in-and-out-of-scope-of-plastic-packaging-tax [[HM Revenue and Customs]] Guidance: Packaging in and out of scope of Plastic Packaging Tax Published January 2022]</ref> on what [[Plastic]] falls in and out of scope of the tax with the most recent update being 7th february 2022<ref>[https://www.gov.uk/guidance/work-out-which-packaging-is-subject-to-plastic-packaging-tax Guidance: Work out which packaging is subject to Plastic Packaging Tax]</ref>. In some cases this does not align with other definitions of [[Packaging Waste]] as, for example, it initially included the [[Wikipedia:Silage |silage]] film used by farmers but after extensive lobbying this has now been removed, and excludes bags for life from the scope of the tax.
As at the 10th January 2022 [[HM Revenue and Customs]] published the guidance<ref>[https://www.gov.uk/government/publications/examples-of-packaging-in-and-out-of-scope-of-plastic-packaging-tax/packaging-in-and-out-of-scope-of-plastic-packaging-tax][[HM Revenue and Customs]]<span> Guidance: Packaging in and out of scope of Plastic Packaging Tax Published January 2022</span></ref> on what [[Plastic]] falls in and out of scope of the tax with the most recent update being 7th February 2022<ref>[https://www.gov.uk/guidance/work-out-which-packaging-is-subject-to-plastic-packaging-tax Guidance: Work out which packaging is subject to Plastic Packaging Tax]</ref>. In some cases this does not align with other definitions of [[Packaging Waste]] as, for example, it initially included the [[Wikipedia:Silage |silage]] film used by farmers but after extensive lobbying this has now been removed, and excludes bags for life from the scope of the tax.


==References==
==References==