08.19.22
Introduction of the plastic tax
Multiple countries are enacting legislation with a distinctly ‘green’ agenda. More recently, this year in April 2022 we oversaw the introduction of the plastic tax in the United Kingdom.
Italy is enacting similar legislation with the introduction of the plastic tax on 1st January 2023.
In many respects analogous to its UK counterpart, it aims to incentivise the use of recycled plastic.
The below provides a summary of the main changes:
- The tax applies to manufactured products for single use (MASCI)
- All plastic is included with some exceptions (including compostable plastics, recycled plastic and plastic used for medical ends)
- As in the UK, the tax is not set as a fixed percentage but will be charged at 450 Euros per tonne of plastic
- The tax must be reported quarterly.
Spain is also enacting similar legislation. Please refer to this month’s Spain compliance updates for further information.
Browse Italy updates
Authorization for split payment mechanism
- Actualizaciones de los países
Split payment renewal
- Actualizaciones de los países
Introduction of free services via new API Management platform
- Actualizaciones de los países
Public consultation on ViDA proposal
- Actualizaciones de los países
Circular clarifying delayed sending of e-invoicing
- Actualizaciones de los países
VAT registration threshold increase
- Actualizaciones de los países
Pre-filled VAT returns
- Actualizaciones de los países
VAT reduction extension for district heating service contracts
- Información del tipo de IVA/IBS
Postponement of the Plastic Packaging Tax (PPT)
- Otros impuestos aplicables
Update on storage of e-invoicing data
- Información de la normativa
Compilation Guide update
- Actualizaciones de los países
Natural gas and energy providers – VAT mitigation
- Información del tipo de IVA/IBS
New technical specifications
- Actualizaciones de los países
Extension of reduced VAT rates
- Información del tipo de IVA/IBS
Increase in stamp duty deferment threshold for e-invoices
- Actualizaciones de los países
Extension of e-invoicing mandate scope
- Información de la normativa
Introduction of the plastic tax
- Otros impuestos aplicables
Expansion of scope of e-invoicing mandate
- Información de la normativa
Further VAT-related measures in response to Covid-19
- Información del tipo de IVA/IBS
2022 budget confirms delay to plastic and sugar tax and reduction in gas VAT rate
- Información del tipo de IVA/IBS