HomeLegislation/RegulationsTax hike for packaging manufacturers

Tax hike for packaging manufacturers

The UK’s Plastic Packaging Tax (PPT) will increase to £210.82 ($258) a tonne from £200 ($245) at the start of April 2023 in line with the Consumer Price Index. The new rate applies to all plastics packaging covered by the tax, manufactured in or imported into the UK. Manufacturers and importers of less than 10…

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