Regulation 2 Amendment of the Plastic Packaging Tax (General) Regulations 2022

In regulation 34(2) of the Plastic Packaging Tax (General) Regulations 2022^f1 (Form, manner and content of returns etc.: tax credits), for sub-paragraph (f) substitute—

“(f)

for tax credits claimed by and under section 53 of the Act—

(i)

the total value of tax credits claimed in respect of plastic packaging tax which arose during the same accounting period; and

(ii)

the total value of tax credits claimed in respect of plastic packaging tax which arose in a previous accounting period;”.