Packaging tax will push up prices for consumers, say industry bosses

Industry chiefs say consumers will have to bear the cost of more sustainable packaging (Alamy/PA) -

More than 80% of the cost of the new packaging tax is likely to be passed on consumers, industry leaders have warned.

The new tax – or the extended producer responsibility (EPR) scheme, for which firms must submit their latest data on the packaging they have used by October 1 – is likely to place a “significant financial burden” on UK retailers and households, a survey of leading retailers for the British Retail Consortium (BRC) suggests.