The Introduction of Plastic Packaging Tax (twosides.info/UK)
Which Products Will Be Affected By Plastic Packaging Tax? A packaging product will be classified as ‘plastic packaging’ if plastic is the heaviest of its components. Then, if the packaging contains less than 30% recycled plastic, it will be subject to PPT. Even though the tax’s environmental aims are to promote and produce ‘greener’ plastics, packaging labelled as biodegradable and compostable will still be subject to the new tax laws. There are, however, some exemptions to these rules, which include: *If the plastic packaging contains licensed human medicines *If the packaging is used in aircraft shipping or railway stores for international journeys *If the packaging’s primary function is to secure the safe transit of goods and produce *Exported goods will also be exempt, as long as they are exported within 12 months