HMRC has revised its plastic packaging tax (PPT) return guidance. The section What to include on your return has been updated to set out a more concise list of details that need to be reported in the PPT return.
The guidance also notes that, where business B has converted or exported any of business A’s components during the accounting period in which they were made or imported, business A will need to know the total weight of the finished plastic packaging components in order to claim tax relief.
Plastic packaging tax returns can be submitted using HMRC’s online service from 1 July 2022 (although businesses will need to register for PPT before using the service).
HMRC has revised its plastic packaging tax (PPT) return guidance. The section What to include on your return has been updated to set out a more concise list of details that need to be reported in the PPT return.
The guidance also notes that, where business B has converted or exported any of business A’s components during the accounting period in which they were made or imported, business A will need to know the total weight of the finished plastic packaging components in order to claim tax relief.
Plastic packaging tax returns can be submitted using HMRC’s online service from 1 July 2022 (although businesses will need to register for PPT before using the service).
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