Plastic Packaging Tax (PPT) was introduced on 1 April 2022. If you manufacture or import plastic packaging into the UK you may need to register for PPT, submit a PPT return and pay any tax due.
As we approach the end of the second quarterly accounting period for PPT, we wanted to share some helpful reminders on completing PPT returns and submitting payments from 1 October 2022.
Important information – returns and payments:
- If you’re liable to register or have already registered for PPT, from 1 October 2022 you must submit your PPT return and pay any tax due by 31 October 2022.
- The return needs to cover the accounting period from 1 July 2022 to 30 September 2022. If you became liable for PPT after 30 June 2022, your return will only need to include information from the date you became liable for PPT to 30 September 2022.
- You must keep accounts and records to support the information provided when you complete your quarterly PPT return.
- Your accounts must show how you have worked out the figures you submit on your PPT return, and your records must show the evidence to support these figures.
- You must keep your accounts and records for at least 6 years from the end of the accounting period, and record weight in tonnes, kilograms, and grams.
- You will need to pay any tax due through your online PPT account. You can pay via Direct Debit, Bacs, CHAPS, Debit/Corporate credit card or Faster Payments.
- You can watch recordings of our latest PPT webinar sessions on UK. The ‘Introduction to Plastic Packaging Tax’ webinar includes content setting out the returns and credits process. All videos have timestamps so you can go straight to your area of interest.
- For a reminder of these steps and all return and payment dates for 2022-23 download our PPT flyer.
Guidance enhancements
Guidance for PPT is available at our collection page.
Source – HMRC via e-mail
