HM Treasury has released a call for evidence to investigate how taxes or other economic incentives could be used to reduce single-use plastic waste. Valpak will be responding to the consultation and welcome comments from our members. We have produced a summary of the call for evidence which can be found here.
It is important that whatever moves are taken compliment, and dovetail with, possible changes to the Extended Producer Responsibility for Packaging which the Government is reviewing, and any deposit return system proposals. It would also be important that any funds raised through taxes or charges were then ring-fenced to be invested in increasing recycling in the UK.
In the 2018 Budget, Government confirmed that a consultation would be held on the proposal for a tax on produced or imported plastic packaging that did not contain a minimum 30% recycled content. It is proposed this would come into effect in April 2022. HM Treasury has produced a policy brief which can be found here. We will update this page when the consultation details are published.