Plastics companies urged to act now to claim tax relief

Currently, over 400 UK plastics companies are not claiming up to 90 percent Climate Change Levy (CCL) tax relief on their energy bills, which is done by entering into a Climate Change Agreement (CCA). This is despite CCAs being around for 16 years, following the introduction of a CCL (Energy Tax) in the Finance Act 2000.

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At that time, the plastics industry was not included in the initial list of sectors considered for an umbrella agreement due to the restrictive emissions rules governing entry. After three years of intensive discussions at both a UK and EU level, and a change in legislation in 2006, the plastics sector achieved an umbrella agreement in October 2009, which allowed plastics companies to enter into a CCA. This late start for the plastics sector unfortunately meant that many companies were left in the dark about the undeniable benefits after the initial campaign.

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If you would like to get in touch with someone to talk about the scheme further, please email or contact Yolanda Starkie on +44(0)1253 341492 / +44(0)7867 309033.