The Finance Act 2017, Part 2 (Appointed Day) Regulations, SI 2018/32, bring into force from 13 January 2018 the powers for HMRC and HM Treasury to make further regulations setting out detail on specific areas of the soft drinks industry levy. The levy itself will take effect from April 2018.
The VAT (Refund of Tax to the Essex Police, Fire and Crime Commissioner Fire and Rescue Authority) Order, SI 2018/16, specifies the Essex Police, Fire and Crime Commissioner Fire and Rescue Authority as a government body entitled to recover input tax under VATA 1994 s 33 on non-business supplies
The European Commission has decided not to propose revision of the structure and rates of excise duty applied to manufactured tobacco products until after its next report on the tobacco products directive (2011/64/EU), due in 2019.
Transfer pricing adjustments and customs duty
The exemption for welfare services and profit-making non-regulated bodies
The government has laid two sets of regulations setting out the hallmarks and information requirements on promoters for the new disclosure of avoidance schemes regime for VAT and other indirect taxes, coming into force on 1 January 2018.
The government is to amend the Landfill Tax Regulations 1996 to allow for a two-year transition period, from 1 April 2018 until 31 March 2020, during which environmental bodies can continue to use unspent contributions to the landfill communities fund (LCF) on projects located in Wales.
Following consultation between February and April this year, HMRC received broad support for moving to a single registration process for alcohol duties and confirmed its intention ‘to pursue harmonisation across all alcohol regimes’.