Confused what the new plastic tax means for your business? We’ve summarised the key points here to help.
🔎 What is it?
It's a tax of £200 per tonne of plastic packaging that has been manufactured or imported into the UK.
🤷♀️ Who does it affect?
Any business that makes or imports 10+ tonnes plastic packaging that doesn’t contain at least 30% recycled plastic.
✍️ Do I need to do anything?
If your business manufactures or imports 10 or more tonnes of plastic, you’ll have to register with HMRC, by 30th April 2022 regardless of its recycled plastic content. For more information, look on the government plastic tax website.
🌍 How big an impact will this have on the environment?
This is a step forward in making companies rethink their packaging and look for plastic alternatives. However as £200 per tonne is not a lot of money, so we're skeptical of how effective this is in practice.
💡 What’s the alternative?
In the next few weeks we’ll be introducing you to some exciting plant based plastic alternatives.