HMRC has expanded its guidance on exemptions from plastic packaging tax. In particular, the list of exempt packaging used to import goods into the UK has been updated with examples.
businesses can claim a credit where they have paid the tax on packaging which is later exported;
certain businesses can defer paying the tax if they intend to export the packaging unfilled in the next 12 months; and
liability for tax is cancelled when the transport packaging is exported unfilled within 12 months and there are records to show the export has taken place.
HMRC has expanded its guidance on exemptions from plastic packaging tax. In particular, the list of exempt packaging used to import goods into the UK has been updated with examples.
businesses can claim a credit where they have paid the tax on packaging which is later exported;
certain businesses can defer paying the tax if they intend to export the packaging unfilled in the next 12 months; and
liability for tax is cancelled when the transport packaging is exported unfilled within 12 months and there are records to show the export has taken place.
