- Plastic Packaging tax applies to UK traders and non-established businesses
- Applies to those who manufacture or import over 10 tonnes of plastic packaging in a 12 month period
- Companies need to register by 1st April 2022
- If 30% or more of the plastic packaging used is recycled, it is not chargeable from the tax
- The tax is charged at a rate of £200 per tonne, increasing to £217.85 per tonne by April 2024
- Non-established businesses are also subject to this tax
Source: essentiaglobalservices.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case