Deposit return scheme to carry £300m ‘tax hit’ on prices

drs deposit return scheme bottle recycling plastic machine GettyImages-1469751090

Soft drinks bosses claim the success of the scheme is being ‘jeopardised’ by the prospect of VAT charges being made on unredeemed deposits on the return scheme

The government risks adding a £300m “tax hit” to the cost of drinks products under the implementation of the UK’s deposit return scheme (DRS), MPs have been told.

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