UK HMRC Tax and Customs Announcements·· 9 days agoAI score53
UK HMRC consults on draft legislation for the mass balance method for chemical recycling under the Plastic Packaging Tax
AI overview
HMRC is consulting on draft regulations setting out the conditions businesses must meet if they wish to use the mass balance method to account for chemically recycled plastic under the Plastic Packaging Tax (PPT) from April 1, 2027. The requirements cover attribution methods, certification, audits, monitoring and record-keeping.
Source:UK HMRC Tax and Customs Announcements · gov.uk