Latvia’s New Plastic Tax: A Push Towards Sustainability
by Alena Zein at 15:02 in Circular Economy, Packaging, Environmental under Environmental
Latvia has amended its Natural Resource Tax by establishing a tax on plastics that are typically not recycled in Latvia. Starting from 1st October 2024, any taxable person responsible for packaging made entirely or partially of non-recyclable plastic (polymeric) materials will be subject to this tax. The tax was introduced in response to the European Uni...
Is your business ready for the upcoming UK Plastic Tax?
by Jianhong Hu at 14:40 in Packaging, Emerging, Environmental under Environmental
It is the countdown for the beginning of the UK plastic packaging tax.Next month, on 1 April 2022, if you import or manufacture more than 10 tonnes of plastic packaging annually, you will be obligated to register with HMRC for the UK plastics packaging tax. The first accounting period will be from 1 April to 30 June, and the first tax return and payment ...