Plastic Tax Calculation May Seem Simple…

At the highest level a Plastic Packaging Tax Calculation seems simple. In fact, many websites offer a “free” online calculation but at PackTotal we understand that accurate, tax minimising, calculation of your liability is never that easy.

Need to Calculate these Figures?

You enter the data manually onto PackTotal or we import it from a specified Excel template. PackTotal, with its data validation methods, will guide you through the process to ensure your data is entered accurately. PackTotal will then calculate the weight of liable parts and therefore the total weight of finished plastic products for that time period. All possible exemptions are handled to further reduce your liability.
If you include with this all components, not just the plastic ones, then PackTotal can extend this to a more comprehensive waste reporting; essential for EPR (Extended Producer Responsibility).

Need to Claim Credit?

Export more than you estimated? Then PackTotal will handle this and ensure the correct credit can be claimed for previously paid PPT.

Want to maximise relief?

PackTotal deals with calculating your tax liability as an ongoing process. Each quarter you load your imports, exports for that quarter and predicted exports for the next 12 months and as an ongoing process PackTotal balances these figures to optimise your tax return. This way a tax return doesn’t become the end of quarter nightmare that you will dread. Instead with all the data loaded or entered as it happens, a tax return can be completed and submitted with ease.

Previously claimed relief no longer relief?

Not exported what you estimated within 12 months? PackTotal records the relief claimed for each quarter and makes sure these products are exported as claimed. If not then PackTotal will be able to inform the user and add this to a later tax return as an extra liability if required. Ensuring the books are balanced for peace of mind.