Does your business need to keep track of taxes or fees for plastic and sugar, or other product duties?
An increasing number of countries are introducing stricter regulations. Companies must now calculate financial obligations based on material composition and precise quantities.
Automated Calculation in Business Central (28.5)
Microsoft has rolled out new functionality that allows you to calculate these taxes directly in Business Central! The system ensures you get the exact core data required for reporting. While the submission of national tax declarations is handled outside the system, Business Central handles the calculations for you in advance.
For our customers at Blue Software AS, the regulations surrounding plastic are particularly urgent:
- Extended Producer Responsibility (EPR): Norway regulates plastic in both products and packaging through waste management regulations.
- Mandatory Membership: Companies importing or producing goods and plastic packaging are required to be members of an approved waste recovery company.
- Environmental Fees per Kilo: You must pay a fee based on the weight or units of plastic placed on the market.
Particularly Important for Fisheries and Aquaculture:
Do you produce or import equipment for the fishery and aquaculture industry (e.g., pens, gear, or ropes)? On January 1, 2026, brand new and strict EPR rules came into effect for this sector. This means that accurate weight reporting on plastic components is more critical than ever.
Want to Get Started with the New Functionality?
Get in touch with Blue Software AS today, and we will help you set up your master data in Business Central!
