Plastic packaging is to be taxed in Britain

Britain will levy a tax on plastic packaging, a large number of plastic products are not available!
The UK released a new tax: plastic packaging tax. Used for plastic packaging and products manufactured in or imported into the UK. Effective from 1 April 2022. The General Administration of Customs said that the collection of plastic packaging tax is to improve the level of recycling and collection of plastic waste, and also to urge importers to control plastic products. The EU special summit made it clear that the EU would levy “plastic packaging tax” from January 1, 2021.
The General Administration of Customs said that the collection of plastic packaging tax is to improve the level of recycling and collection of plastic waste, and also to urge importers to control plastic products.
The main elements of the resolution on the tax on plastic packaging include:
1.The tax rate of less than 30% recycled plastic packaging is 200 pounds per ton;
2.Companies that produce and/or import less than 10 tonnes of plastic packaging within a 12-month period will be exempt;
3.Determine the tax scope by defining the type of taxable products and the recyclable content;
4.Exemption for a small number of plastic packaging manufacturers and importers;
5.Who has the responsibility to pay taxes and needs to register with HMRC;
6.How to collect, recover and enforce taxes.
This tax will not be charged for plastic packaging in the following cases:
1.30% or more recycled plastic content;
2.Made of a variety of materials, the weight of plastic is not the heaviest;
3.Production or import of human drugs for direct packaging licensing;
4.Used as transport packaging to import products into the UK;
5.Exported, filled or unfilled, unless used as a transport package to export the product to the United Kingdom.
According to the resolution, UK plastic packaging manufacturers, plastic packaging importers, plastic packaging manufacturers and commercial customers of importers, as well as consumers who buy plastic packaging goods in the UK will all be liable for tax. However, producers and importers of small amounts of plastic packaging will be exempt from the tax to reduce the administrative burden that is disproportionate to the tax payable.
Limiting and banning plastic has long been an important measure in promoting sustainable development around the world, and the tax on plastic packaging is not the first one in the UK. At the special European Union summit that ended on July 21 this year, it was stated that the “plastic packaging tax” will be introduced from January 1, 2021.


Post time: Nov-29-2022