The United Kingdom is determined from April 1st to add plastic packaging tax.

The UK determines from April 1st to the plastic packaging tax in 200 pounds / ton tax.

British Entry into plastic packaging tax definition:
From April 1st, the British Plastics Packaging Tax will implement the proportion of regenerated use of the British or imported to the British plastic packaging to implement the £ 200 pound tax.
The British Tax Customs Department provides an example list that lists the types of packaging that require taxes, including packaging designed from producers to consumers in the supply chain.
These packaging include: disposable jars, films for protecting the product, such as filming, or filled with feed, plastic bag, disposable cup, medical disposable instrument box, etc.

Influence on China’s plastics market:
This taxation is covered from our usual necessities to industrial supplies to medical supplies, no fish!
That is, all the packaging exports to China manufactured by the proportion of regeneration is less than 30%, pay more, pay more than £ 200, according to the exchange rate of the exchange rate of January 17, pay taxes 1735.46 yuan per ton. !
Tax of a ton of nearly 1800 yuan, can you earn a few more money? One ton of goods added such a multi-tax, exported to the British you competitive geometry? How much is the profit margin compressed?
Imported British products, the additional tax points must increase the price on the goods, a ton of goods is nearly 1800 yuan, the imported product is compared with other companies in other countries, the competitiveness is a geometry? How much is the profit space?
Of course, it is an opportunity for regeneration companies! Regeneration companies have a cake with a foreign trade industry, as long as the British plastic packaging is reached, you can stand this market!

Although 30% or more regenerative plastics were used in tax-related packaging, they were exempt from packaging tax. But remind you that this type of packaging should calculate 10 tons of quota limitations in 12 months, so producers or importers must retain the corresponding records.


Post time: Jan-24-2022