Plastics: Taxation

(asked on 2nd May 2023) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to reform the Plastic Packaging Tax to encourage investment in chemical recycling.


Answered by
Baroness Penn Portrait
Baroness Penn
This question was answered on 11th May 2023

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.

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