Fevertree takes Environment Agency to court over green packaging tax

cityam03-24

Fevertree is a dispute with government over a tax on its glass bottles Fevertree has launched a legal challenge against the Environment Agency over its application of a sustainability packaging tax, ...

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GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/fevertree-takes-environment-agency-to-court-over-green-packaging-tax/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fevertree is a dispute with government over a tax on its glass bottles Fevertree has launched a legal challenge against the Environment Agency over its application of a sustainability packaging tax, ...</p>\n\n<a href=\"https://www.cityam.com/fevertree-takes-environment-agency-to-court-over-green-packaging-tax/\">Source 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tax, which is charged on glass bottles.The premium drink mixer brand claims the glass used in some of its products should be classified as non-household packaging and be exempted from the Extended Producer Responsibility  levy, and is set to take the Environment Agency to court over its position on the levy.The company’s packaging should be exempt “in line with the position taken by the UK government in relation to other packaging regulations,” Fevertree said.“As previously disclosed, the Environment Agency has challenged this view, and in recent weeks we have launched a formal legal challenge,” the board said.The EPR tax is charged on large businesses to contribute for the disposal of their packaging, with heavy materials like glass incurring significant charges.Fevertree goes sober as Brits di","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4234":"特殊用途房地产信托","BK4084":"特种房地产投资信托","EPR":"EPR不动产"},"translate_title":"Fevertree因绿色包装税将环境署告上法庭","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EPR":1},"content_text":"Fevertree is a dispute with government over a tax on its glass bottles Fevertree has launched a legal challenge against the Environment Agency over its application of a sustainability packaging tax, which is charged on glass bottles.The premium drink mixer brand claims the glass used in some of its products should be classified as non-household packaging and be exempted from the Extended Producer Responsibility (EPR) levy, and is set to take the Environment Agency to court over its position on the levy.The company’s packaging should be exempt “in line with the position taken by the UK government in relation to other packaging regulations,” Fevertree said.“As previously disclosed, the Environment Agency has challenged this view, and in recent weeks we have launched a formal legal challenge,” the board said.\n\nThe EPR tax is charged on large businesses to contribute for the disposal of their packaging, with heavy materials like glass incurring significant charges. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe drinks maker said it is accounting for potential hits from the EPR levy to its finances, despite the ongoing legal challenge.The levy has proved unpopular with retailers, as retail giant John Lewis and sausage maker Heck have highlighted the costs of the tax.Fevertree’s pre-tax profit dipped 16 per cent to £30m this year, but the firm said its merger with US beer maker Molson Coors means it is now reporting less of its profits than in previous years. \n\nFevertree goes sober as Brits ditch boozeThe drinks maker is expanding into soft drinks to grow its resilience, with consumers cutting down on spending on spirits as they feel the squeeze.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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