ecoVeritas Launches Online Plastic Packaging Tax Calculator to Help the Packaging Industry

the ecoVeritas Plastic Packaging Tax Calculator​allows users to enter information related to the amount of plastic packaging they manufacture, import and export, before generating a direct cost estimate based on the current draft plastic tax legislation. It also allows users to calculate the potential annual tax savings that could be realized by increasing the amount of recycled content used in the manufacture of plastic packaging.

David Harding-Brown, CEO of ecoVeritas, said: “There are just over 12 months to go before the UK plastic packaging tax comes into force and businesses need to start thinking now about how they can reduce their liability to avoid costly implications to short term.

“Our new tax calculator provides companies in the packaging industry with a free estimate that will help them plan for the future and serve as a starting point for taking action to reduce future tax liabilities.”

Harding-Brown said the company can offer packaging information and guidance on compliance and legislation.

“With such a significant – and potentially costly – change on the horizon, we want to ensure businesses are as prepared as possible. Therefore, we invite those affected to try out our new calculator and engage with our dedicated team. ecoVeritas can provide additional advice and guidance in the form of more detailed cost analysis or assistance in improving the use of recycled materials,”he said.

The implementation of the UK plastic packaging tax is part of a new law aimed at reducing the environmental impact of packaging and reducing manufacturers’ reliance on virgin plastic. The tax will apply at a rate of £200 ($278) per tonne of plastic packaging not containing at least 30% recycled plastic from April 2022. It will apply to plastic packaging manufactured or imported UK.

In terms of liability, companies that manufacture in the UK or import packaging into the UK will be subject to the tax.

Responsibility also lies with everyone in the plastic packaging supply chain, including online marketplaces, fulfillment companies and companies importing finished packaging into the UK from overseas, where they share joint liability if the tax has not yet been paid.

Esther L. Steinbach