Introduction
Plastic Packaging Tax (PPT) is a new tax that was introduced in the UK from 1st April 2022. It affects businesses that manufacture plastic packaging in the UK, or businesses that import plastic packaging materials or packaged goods into the UK.
The importer or manufacturer of plastic packaging components will be primarily liable for PPT. However, others in the supply chain can be made secondarily liable or jointly and severally liable for the tax. Accordingly, due diligence will need to be carried out.
Delegates will receive a very practical guide explaining how PPT works, who has to register for it, the quarterly reporting and payments and its secondary liability and due diligence requirements.
The course will be assisted by practical case studies throughout
Key features
Speaker
Tim Palmer, Palmer Consultancy Partnership
Plastic Packaging Tax (PPT) is a new tax that was introduced in the UK from 1st April 2022. It affects businesses that manufacture plastic packaging in the UK, or businesses that import plastic packaging materials or packaged goods into the UK.
The importer or manufacturer of plastic packaging components will be primarily liable for PPT. However, others in the supply chain can be made secondarily liable or jointly and severally liable for the tax. Accordingly, due diligence will need to be carried out.
Delegates will receive a very practical guide explaining how PPT works, who has to register for it, the quarterly reporting and payments and its secondary liability and due diligence requirements.
The course will be assisted by practical case studies throughout
Key features
- An introduction to Plastic Packaging Tax (PPT)
- How PPT works, who is required to register for it, pay it, and submit quarterly returns
- The plastic packaging which is subject to PPT
- The exemptions, exclusions and reliefs
- Registering for PPT, including group registration
- Secondary PPT liability and due diligence requirements
- The PPT compliance requirements and the data needed for reporting
- Common PPT pitfalls and challenges
- PPT penalties
- Practical case studies
- PPT contracts and invoices
- General overview
Speaker
Tim Palmer, Palmer Consultancy Partnership