Taking over responsibility for PPT

HMRC has published new guidance on what to do if someone registered for plastic packaging tax (PPT) dies, becomes incapacitated or insolvent. The guidance sets out that businesses can temporarily take over responsibility for dealing with PPT on another person’s behalf if the person registered for the tax:

• dies;
• becomes incapacitated; or
• becomes insolvent.

Businesses will need to notify HMRC within 21 days of temporarily taking over responsibility and provide evidence that they have the necessary authority to act. Once accepted by HMRC, the temporary treatment will last for a period of six months or until the business activities are settled and the temporary treatment ends.

HMRC has also added two new sections ‘creating invoices’ and ‘charging VAT’ to its guidance Records and accounts you must keep for plastic packaging tax.