Cost of compliance
Whether individually registered or registered through a compliance scheme, calculating your obligation is the legal responsibility of your business. This is the most complex stage of the compliance procedure. Whether you go it alone or use a compliance scheme you are still required to take legal responsibility for this stage.
By choosing to comply independently businesses are able keep their cost of compliance significantly lower than if choosing to comply via a compliance scheme or broker. When using t2e a business’s cost of compliance can be significantly reduced by avoiding annual subscription fees and hidden charges often associated with compliance schemes and brokers. t2e participants are able to benefit from transparent trading fees and can take assurance from the fact that they will always be trading at true market prices, ensuring that they keep their cost of compliance as low as possible.
Once you have calculated your obligation and submitted your figures to the relevant agency you will be in a position to purchase PRNs. Purchasing PRNs to fulfil your obligation couldn’t be easier. Simply contact one of our trading team today to complete your registration and receive a free packaging compliance consultation.
Becoming a member of the PRN market is open to:
- Companies with a legal obligation under the Producer Responsibility Obligation (Packaging Waste) Regulations 1997 (as amended)
- Compliance Schemes
- Accredited Reprocessors or Exporters registered with either the EA, SEPA or the NIEA who are able to issue PRNs/PERNs
- Representatives buying or selling on behalf of any of the above