As a result of the PPT, businesses will have to pay a rate of £200 per metric tonne for any plastic packaging that contains less than 30% recycled plastic content.
Businesses must audit their procurement and manufacturing processes to determine whether they are required to register for the PPT.
You can read more about the tax here: https://bit.ly/3K76ecl
Related Blogs
-
Using Artificial Intelligence in recruitment
Read More -
What upcoming changes to UK employment law should employers and employees be aware of?
Read More -
How can commercial property law firms in the UK meet evolving Environmental, Social, and Governance (ESG) standards?
Read More -
Labour MP Calls for Greater Suicide Awareness...
Read More -
How serious is the well-being problem in the legal sector?
Read More -
Navigating the challenges of the Solicitors Qualifying Examination (SQE)
Read More