- The UK government plans to increase the Plastic Packaging Tax from April 1, 2024, in line with the Consumer Price Index (CPI), aiming to promote the use of recycled plastic and increase demand for recycled materials.
- The new rate will be £217.85 per tonne, effective from April 1, 2024, and is expected to support environmental goals without significant impact on the economy or individuals.
Source GlobalVATcompliance
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