The BPIF is looking to support members with Plastic Packaging Tax (PPT) by providing support to the industry through regular updates, roundtables, webinars, a helpdesk and guidance.
The new PPT will be introduced on the 1 April 2022. After this time, tax at the rate of £200 per tonne will have to be paid on any plastic packaging that falls within the tax rules. The tax applies when the plastic packaging component does not contain a minimum of 30% recycled content.
If you manufacture or import packaging, you will need to take steps to establish your status within the tax. Companies that manufacture or import more than 10 tonnes of plastic in 12 months will have to register and keep additional records to calculate and pay the tax if they are the company performing the last substantial modification before filling, packing and labelling. The BPIF has pointed out that as printing has been designated a ‘substantial modification’ many packaging producers will undertake the last substantial modification and be required to pay the tax.
