The United Kingdom (UK) Plastic Packaging Tax (PPT) came into effect on 1 April 2022. On 29 April 2022, the UK Tax Authority, Her Majesty’s Revenue and Customs (HMRC) updated their Guidance related to several areas of the new tax as outlined below:
Packaging subject to PPT
Guidance explains what classifies as plastic, recycled plastic and packaging components, and if the packaging manufactured or imported is subject to the tax. The HMRC also added examples of how to work out if multiple material packaging components are plastic and how to work out the recycled plastic content of plastic packaging components.
Source EY
