Market leading insight for tax experts
View online issue

Excise duty and use of red diesel: HMRC guidance

printer Mail

From 1 April 2012 legislation will make clear that ‘the use of red diesel with full duty paid for propelling private pleasure craft is permitted under UK national legislation within UK waters’, HMRC said in Revenue & Customs Brief 09/12. ‘When red diesel is used outside UK waters it will be subject to any prohibitions and restrictions that apply in the waters of the Member State or country in whose waters it is used.’