Since April 2022 businesses in the UK are required to pay taxes on imports or manufacturing of plastic packaging at a rate of £200/Ton.
There is no standard solution for capturing this taxation within the system. I cannot use standard packaging duty as this uses sales tax which is ultimatley charged to the end customer which is not part of the plastic packaging tax requirements in th UK.
Microsoft need to design a viable solution for this legal requirement.
Comments
This tax requires the tracking of almost all packaging elements of products by weight, not just plastic though the plastic components are what is subsequently taxed. Please see link below for details on the tax regulation. https://www.gov.uk/guidance/check-if-you-need-to-register-for-plastic-packaging-tax#what-you-must-do
Category: Tax