date:Jun 23, 2020
ttle, a label and a lid (i.e. 3 separate components)
UK Manufacturers and importers of plastic packaging who meet the de-minimis which will be set at more than 10 tonnes per annum, will be required to comply through registration with HMRC and pay the tax due via quarterly tax returns.
This sets a clear economic benefit to using plastic packaging with an increased recycled content, as having 30% or less recycled content will be taxed as 200 a tonne under the new rules.
HMRC will have the power