HMRC is consulting until 26 April 2017 on a broad proposal to introduce a standardised framework for the different types of registration for the alcohol duty regime, covering production and importing/exporting. This will include a new 'fit and proper' persons test. The aim would be to account for all alcohol duties on a single return, with a common monthly return period. A number of options are proposed for standardising payment dates. HMRC also asks for information on how duty deferment and guarantees currently work for traders. Further consultation on detailed proposals will follow in Autumn 2017. See http://bit.ly/2kN7Fkz.
HMRC is consulting until 26 April 2017 on a broad proposal to introduce a standardised framework for the different types of registration for the alcohol duty regime, covering production and importing/exporting. This will include a new 'fit and proper' persons test. The aim would be to account for all alcohol duties on a single return, with a common monthly return period. A number of options are proposed for standardising payment dates. HMRC also asks for information on how duty deferment and guarantees currently work for traders. Further consultation on detailed proposals will follow in Autumn 2017. See http://bit.ly/2kN7Fkz.
