Highlights from the broader tax news for the week ending 6 April 2022, including: plastic packaging tax; Scottish taxes; and an Environmental Audit Committee inquiry.
Plastic packaging tax
Following the introduction of the plastic packaging tax on 1 April 2022, that applies to importers or producers of plastic packaging, HMRC has two webinars available to explain more about the tax. The first is an introductory webinar on plastic packaging tax, scheduled to take place on 25 April at 15:45 (Register here). The second, on 27 April at 13:45 provides more details on the administrative and technical aspects of plastic packaging tax (Register here).
The Scottish Government has produced a YouTube video showing the link between taxes and public spending in Scotland. It explains the difference between UK taxes, devolved taxes and local taxes and how they flow into the Scottish Budget. View the video.
Environmental Audit Committee inquiry
The Environmental Audit Committee has launched an inquiry examining how the UK can reduce its reliance on oil and gas and accelerate the transition to net zero. The inquiry will be based on:
- securing sustainable energy supplies and protecting households from high prices;
- tax and the fossil fuel industry; and
- the transitional role of oil and gas in the energy mix.
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