On 1 April 2022 the new Plastic Packaging Tax (“PPT”) comes into force at a rate of £200 per tonne. This will apply to certain manufacturers and importers of plastic packaging components which contain less than 30 percent recycled plastic.
HMRC is running a further round of webinars to support the introduction of this tax which will cover an introduction to PPT, and the administrative and technical aspects of the tax.
Webinar 1: Introduction to Plastic Packaging Tax - Friday 18 February, 13:45 to 14:45 and Friday 25 February, 13:45 to 14:45
This webinar will cover how the tax will operate including:
- what the plastic packaging tax applies to;
- who is responsible for paying and accounting for the tax; and
- what information is needed for your tax returns and record keeping.
Sign up on GoToWebinar.
Webinar 2: Administrative and Technical Aspects - Tuesday 22 February, 09:45 to 10:45 and Monday 28 February, 13:45 to 14:45
This webinar will cover the technical points about recycled plastic and exemptions from the tax including:
- how to claim tax credits;
- allowable sources of recycled plastic;
- methods for calculating or evidencing recycled plastic content and weight of packaging components; and
- supply chain responsibilities.
Sign up on GoToWebinar.
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