The Finance Act 2021, Part 2 etc (Plastic Packaging Tax) (Appointed Day) Regulations, SI 2021/1409 bring most of the remaining plastic packaging tax legislation in FA 2021 Part 2 into force from 1 April 2022. Powers to make regulations under FA 2021 Part 2 are brought into force from 10 December 2021.
One notable exception is FA 2021 s 68 which sets out the requirement to include a PPT statement alongside an invoice. As previously announced, that requirement is being delayed and so is excluded from the scope of these regulations.
The regulations also bring the interest and penalties regime in Finance Act 2009 ss 101, 102 and Schs 55 and 56 into force from 1 April 2022 for the purposes of plastic packaging tax. Those provisions cover:
late payment and repayment interest (ss 101, 102)
penalties for failure to make returns (Sch 55)
Penalties for failure to make payments on time (Sch 56)
The Finance Act 2021, Part 2 etc (Plastic Packaging Tax) (Appointed Day) Regulations, SI 2021/1409 bring most of the remaining plastic packaging tax legislation in FA 2021 Part 2 into force from 1 April 2022. Powers to make regulations under FA 2021 Part 2 are brought into force from 10 December 2021.
One notable exception is FA 2021 s 68 which sets out the requirement to include a PPT statement alongside an invoice. As previously announced, that requirement is being delayed and so is excluded from the scope of these regulations.
The regulations also bring the interest and penalties regime in Finance Act 2009 ss 101, 102 and Schs 55 and 56 into force from 1 April 2022 for the purposes of plastic packaging tax. Those provisions cover:
late payment and repayment interest (ss 101, 102)
penalties for failure to make returns (Sch 55)
Penalties for failure to make payments on time (Sch 56)
