Plastics: Taxation

Question

The government announced it will consult on allowing a mass balance approach for calculating the proportion of recycled content in chemically recycled plastics, for the purposes of the Plastic Packaging Tax.

This demonstrates the government’s commitment to developing the tax to ensure it supports the commercialisation of the UK chemical recycling sector whilst continuing to encourage manufacturers and importers to use more recycled plastic in packaging.

The consultation will be published later this year.