Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to increase the (a) Plastic Packaging Tax rate and (b) recycled content requirement to promote domestic recycling.
The Plastic Packaging Tax was introduced in April 2022 under the previous government and provides a price incentive for businesses to use recycled plastic in the manufacture of plastic packaging – thereby stimulating the collection and recycling of plastic waste.
The Government keeps all taxes under review, and the Chancellor makes decisions on tax policy at fiscal events in the context of the overall public finances.