Event Information

A brand-new tax on plastic packaging will be introduced in the UK with effect from 1 April 2022. The aim of the tax is to incentivise the use of recycled material in the production of plastic packaging. Any packaging that does not contain at least 30% recycled materials is likely to be taxable.

The tax will impact any business that manufactures or imports into the UK, plastic packaging or products contained in plastic packaging. Companies will be liable to register for ppt and will pay any tax due if they exceed the threshold of 10 tonnes of plastic packaging per annum.

Our expert speakers will share their understanding of the new tax and implications on business.

Key benefits

This on-demand webinar will look at:

• The importance of understanding plastic packaging in your supply chain
• The thresholds
• Exemptions for certain products
• How and when to register for the tax
• Reporting and record keeping requirements
• How and when to pay the tax 

About the speakers

Jacqui Baker, Audit Partner, RSM
Jacqui is an audit partner and as RSM’s national head of retail, she brings in-depth industry knowledge to the team. She is regularly quoted in the media including recently where her commentary on ONS retail spending data has been featured in the FT, The Daily Telegraph and the London Evening Standard as well as numerous trade titles. A member of the ICAEW retail committee, Jacqui has chaired a number of national ICAEW events. As an audit specialist Jacqui advises a number of national retailers together with independent stores. Client brands include Cloud 9, Under Armour, Plumbs, Wynsors Shoes, Hobs Reprographics and American Golf. Jacqui’s interest in retail goes beyond the office. She is a retailer herself – her womenswear store was shortlisted in the Best New Retailer category of the 2021 Drapers Independents Awards.

Richard Holm, VAT Director, RSM
Richard is a VAT Director with over 20 years’ experience providing advice to clients ranging from small owner managed businesses to large international groups. Recently Richard has spent a great deal of time advising retail clients on the VAT implications arising from Brexit, the EU E-Commerce VAT Package changes, international expansion and business reorganisations. He also plays a key role with RSM’s approach to helping clients understand the implications of the upcoming Plastic Packaging Tax. Although Richard is often asked to advise on complex technical issues, he prides himself in offering practical, straightforward advice to his clients.

Grace King, Indirect Tax Manager, RSM
Grace is an Indirect Tax Manager who specialises in supporting larger businesses with more complex tax profiles. Typically she works with international and has a particular focus on international supply chains, VAT compliance and process reviews. She joined RSM in 2018 on the firm’s apprenticeship programme and has since completed two in-house secondments where she assisted with data analytics implementation, VAT return compliance and ad-hoc advisory support. Grace is currently supporting businesses with their implementation of the Plastic Packaging Tax, looking at how this can be managed effectively, and how it fits into business’ ongoing ESG agenda and tax strategy.

Costs

ICAEW members and non-members are welcome to join. This webinar is part of the Retail Community portfolio of events, to find out more or to join online please click here.