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The UK Plastic Packaging Tax (PPT) came into effect on 1st April 2022 as a means to reduce plastic waste. Companies will be taxed for any packaging containing less than 30% recycled plastic, and the Government hopes this will drive the use of recycled material and eliminate single-use plastic.
While the tax started out with the very best intention, it has grown into something much bigger than anyone could have predicted, and quite frankly, has left many businesses scratching their heads trying to figure it out.