The Packaging Regulations introduce obligations that cost industry money on two fronts. Compliance involves counting packaging supplied and reporting statistics. A compliance tax is derived from this data. The amount of tax is based on what its costs to achieve national packaging waste recovery targets - this is the link between packaging statistics and waste management. Industry does not yet report statistics correctly, while the compliance tax can only increase substantially. Industry can mitigate this contingent liability through the implementation of a proper business process. The IEI in association with Greenstreets proposes a half-day seminar on 'The real cost of packaging compliance' in the near future. If you are interested in participating please contact Fiacra Quinn at Greenstreets.
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