As part of the UK Finance Act 2021, from 1 April 2022 a new tax on plastic packaging of  £200 per metric tonne of plastic packaging. It will apply to plastic packaging manufactured in, or imported into, the UK (including Northern Ireland) where the plastic used in its manufacture is less than 30% recycled. The tax will also include imported packaging that already contains goods.

If you are a non-resident UK taxpayer that imports more than 10 tonnes of plastic packaging in a year (which means that this packaging is imported into the UK on your own behalf), including plastic packaging that contains more than 30% recycled plastic or is exempt from the tax, you will still need to register and account for any tax due. If you import less than 10 tonnes of plastic packaging in a year, you will still need to keep some records to show this.

If the person on whose behalf plastic packaging is imported into the UK does not account for the tax, including through fulfilment houses, businesses in the supply chain may be found to be secondarily or jointly and severally liable for any unpaid tax.

More information can be found here. 

SCARP Webinar with PKF:

On 7 of October at 11am the SFA and our partners in PKF will be hosting a webinar that will go through the new Small Business Summary Rescue Process, also known as Examinership lite. Please register here.