Plastic packaging tax guidance

HMRC has published further guidance on the new plastic packaging tax (PPT) which comes into operation on 1 April 2022.

Record keeping and accounts for plastic packaging tax and Check if you need to register for plastic packaging tax cover the content of accounts which businesses must retain for at least six years.

How to work out the weight of packaging for plastic packaging tax explains how to work out the weight of plastic packaging components and each material used when manufacturing them. Businesses must calculate this for each component manufactured or imported to determine whether they need to register for PPT and to calculate how much tax is due.

How to make due diligence checks for plastic packaging tax confirms that businesses manufacturing, importing or purchasing plastic packaging components from another business should carry out due diligence checks to lessen the risk of being involved in a supply chain where PPT goes unpaid. Records of those checks must also be kept. Businesses which do not carry out checks or keep sufficient records could be held jointly and severally liable for unpaid PPT.