The UK’s Plastic Packaging Tax (“PPT”) is due to take effect from 1 April 2022 and will be payable by manufacturers and importers of plastic packaging containing less than 30% recycled plastic content at a rate of £200 per metric tonne where certain thresholds are met. See our previous client alert on this topic here. According to the HM Revenue & Customs policy paper, the objective of the PPT is to “provide a clear economic…
