10 May 2022 --- One in five companies using plastic packaging in the UK have seen their costs increase by more than 75% due to the UK Plastic Packaging Tax, according to research commissioned by Lindum Packaging. Introduced on April 1, the tax levies any company annually importing more than 10 metric tons of plastic packaging containing less than 30% recycled content by £200 (US$247) per metric ton. Any amount less than 10 metric tons can be exempted in certain circumstances. The tax is estimated to impact over 20,000 businesses in the UK.
