The Plastic Packaging Tax (PPT) is one of four core initiatives intended to transform the UK’s packaging waste. PPT will come into effect from 1 April 2022.
PPT is an environmental tax that has been designed to provide a financial incentive for businesses to use recycled plastic in the manufacturing of plastic packaging. The government envisages this will create greater demand for recycled plastic, stimulating increased levels of recycling of plastic waste and diverting it away from landfill or incineration.
The rate of the tax will be £200 per metric tonne of plastic packaging. In addition to material that is obviously performing a packaging function, single-use items used in a packaging-type function for commodities or wastes will also be liable to the tax; for instance, carrier bags, refuse sacks, disposable plastic cups, disposable (non-reusable) sharps bins.
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Source: NHS Supply Chain
Date: 30 March