The main goal of this work is to test the possibility of a newly introduced constitutive law to model the behaviour of the isotropic elastic-perfectly plastic material which is exposed to large elastoplastic deformations. The proposed constitutive relation is based on the hypo-elastic relation and the inelastic INTERATOM model. The verification of the model is done by its implementation into the commercial software ABAQUS/Standard via the user subroutine UMAT. For that purpose, the large simple shear problem is studied where selected objective corotational rates, i.e. the logarithmic rate, the Jaumann rate and the Green-Naghdi rate, are individually implemented in the aforementioned constitutive relations. The obtained results are compared mutually and with the relevant literature. The proposed constitutive model is also used to test the behaviour of the part of a real engineering structure, i.e. a seismic isolator, in order to obtain the correct input data for further analysis of superstructure behaviour due to seismic excitation.