The treatment of plastic packaging – A newly manufactured tax

What is the issue?
The plastic packaging tax, which came into force on 1 April 2022, is chargeable on plastic packaging imported into the UK or manufactured in the UK, which contains less than 30% recycled content.
What does it mean for me?
Quarterly returns are required to be submitted to HMRC detailing weights of plastic packaging components which are in the scope of the tax, those containing 30% or more recycled content, and those which are exempt, imported quantities, manufactured quantities and exports amongst other things.
What can I take away?
In particular, the data and information needs present a significant burden to be overcome and require a much deeper analysis of supply chains and products than was previously the
case.

Source Jayne Harrold and Prinal Nathwani

---

---