The Plastic Packaging Tax (General) Regulations, SI 2022/117, set out the detailed administrative requirements for the plastic packaging tax which was introduced by FA 2021.
In particular, the regulations specify when a plastic packaging component becomes chargeable, including the meaning of ‘substantial modification’, and how to calculate the plastic and recycled plastic content of a packaging component. They also detail a range of taxpayer obligations concerning returns, registration, and evidence requirements, including entitlements to tax credits.
The Plastic Packaging Tax (General) Regulations, SI 2022/117, set out the detailed administrative requirements for the plastic packaging tax which was introduced by FA 2021.
In particular, the regulations specify when a plastic packaging component becomes chargeable, including the meaning of ‘substantial modification’, and how to calculate the plastic and recycled plastic content of a packaging component. They also detail a range of taxpayer obligations concerning returns, registration, and evidence requirements, including entitlements to tax credits.
