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As of April 2022 the UK government introduced a tax on plastic manufacturers or any company importing/exporting plastic packaging. The tax is £200/Ton of plastic material bought/sold.


There is no standard solution in the system to calculate this tax.

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M

This tax requires the tracking of almost all packaging elements of products by weight, not just plastic though the plastic components are what is subsequently taxed. Please see link below for details on the tax regulation. https://www.gov.uk/guidance/check-if-you-need-to-register-for-plastic-packaging-tax#what-you-must-do

Category: Globalization - Regulatory features