Plastic Packaging Tax – 70% of affected UK businesses yet to register!
Plastic Packaging Tax (PPT) was introduced to the UK with effect from 1 April 2002.
The tax applies to all plastic packaging manufactured in, or imported into the UK that does not contain at least 30% recycled plastic and all businesses that have used more than 10 tonnes in any 12 months need to be registered.
According to a recent HMRC statement 70% of all relevant businesses have not yet taken any action to register or to account for the tax. Vigorous enforcement with a full penalty regime is likely to be introduced.
Next steps
1. 4 Eyes Ltd, as part of the European Excise Association (EEA), is presenting a free webinar on PPT in the UK and Europe - register below to attend the webinar and learn more about the tax.
2. Consider if the tax applies to your business. If so, we can register you from the relevant date and manage a disclosure of your liability.
3. If you are already registered, we can conduct a compliance and savings review.
Plastic Packaging Tax around Europe
FREE WEBINAR
Dear Excise Community,
Amidst environmental concerns and budgetary pressures, nations throughout Europe are introducing (or contemplating the introduction of) Plastic Packaging Tax.
You are invited to an exclusive briefing on June 21st from 11:00 a.m. to 12:30 p.m. (CET), held by the European Excise Association.
We will learn about these new taxes. A general perspective will be provided and our local experts will focus on these specific countries:
· United Kingdom.
· Spain.
· Italy.
· Poland
The webinar will count on the collaboration of…
· Mike Tomkies - Senior Consultant in Indirect Tax at 4 Eyes Ltd.
· Víctor Guarch – Vice President at the European Excise Association & Legal Director at Arola Legal.
· Fausto di Carlo - S.T.D. Excise Duty Expert at Excise System.
· Artur Dudziak – Legal counsel & Tax advisor at Tax and Legal Advisory Partnership
You can obtain more information and register through this link: