BPF’s recommendations accepted in 2009 budget

24-Apr-09

The recent lobbying work by the British Plastic Federations has been accepted in the 2009 Budget. The Budget incorporates BPF's recommendation that CCA's based on electricity only be introduced. This gives BPF's attempts to secure a CCA for plastics processing a second chance and the BPF is now in a good position to resume discussions with DECC and the EU. Also directly attributable to BPF lobbying was a freeze on the Climate Change Levy Rate and the 40% increase in capital expenditure allowances. The plastics sector will further benefit from the car scrappage scheme which should create some improvement in the market and the measures to boost the housing market. BPF will be fighting to secure a fair share of the strategic financial support for emerging technologies. 'Plastics has the potential to fulfil the criteria for 'advanced green manufacturing and will play a pivotal role in assisting the transition of the UK economy to one centered on high-tech production' says Davis.