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Budget 2016: Packaging targets and landfill changes confirmed

Posted on 16 March 2016

The Treasury has confirmed that the packaging recycling target for plastics is to be reduced from its current level, whilst also outlining plans to press ahead with changes to the Landfill Communities Fund.

Measures affecting waste and recycling include:

  • Standard and lower rates of landfill tax to increase in line with RPI from April 2017 and April 2018.
  • Government to increase HMRC activity to tackle tax evasion across the waste supply chain.
  • HMRC to consult on definition of ‘taxable landfill disposal’.
  • Confirmation that landfill operators will be required to make greater contribution to Landfill Communities Fund from April 2016.
  • Packaging recycling target for plastics to be reduced to 49% for 2016, increasing 2% per year to 2020.
  • Glass packaging recycling target to remain static at 77%, and increase by 1% each year to 80%.

Chancellor George Osborne set out his Spring Budget in Parliament today (16 March), pledging a Budget that would deliver for the ‘next generation’. Among the headline measures outlined by the Chancellor are cuts in corporation tax to 17% by 2020 and reforms to business rates.

For more information: http://www.letsrecycle.com/news/latest-news/budget-2016-packaging-targets-and-landfill-changes-confirmed/