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LEGISLATION FOR PLASTIC TAX
Unsure on what the Plastic Packaging Tax means for you? Don’t worry, we’re here to make things a bit clearer… |
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What is the Plastic Packaging Tax (PPT)? Basically, it will apply to plastic packaging manufactured in, or imported into the UK, that does not contain at least 30% recycled plastic. It first came into effect on 1st April 2022 at a rate of £200 per tonne, rising to £210.82 per tonne from 1st April 2023 and £217.85 per tonne from 1st April 2024. To find out more, visit: Plastic Packaging Tax: steps to take. Who needs to pay this tax? You only need to pay this tax if you are a manufacturer or importer that produces 10 or more tonnes of plastic packaging per year. Plastic packaging is packaging that is predominantly plastic by weight, and the tax will not apply to any plastic packaging which contains at least 30% recycled plastic. Why was the tax implemented? The government aims to create an economic incentive for businesses to use recycled plastic when using or purchasing plastic packaging and to deter people from using plastic that will end up in landfills. |
At Tiny Box Company, we have a huge variety of alternative packaging solutions to plastic. Switch out generic plastic sellotape for our kraft self-adhesive tape, an eco friendly solution to secure your packaging in place, and as an extra bonus it’s also 100% recyclable! Another alternative to plastic packaging is our mailing bags, choose from our recycled postal bags in a range of sizes or opt for our kraft paper postal bags, all of which can be recycled after use. As well as our recyclable gift packaging we also offer a variety of recycled accessories, such as our recycled ribbon and acid-free tissue paper. Tax changes can be confusing to follow, so if you’re needing some extra guidance to ease your mind check out the HMRC website to find out all the nitty gritty information regarding the plastic packaging tax. |
