VATupdate
VAT

Share this post on

Consultation on Draft Regulations for Alcoholic Products Excise Duty in 2024

  • HMRC has released a technical consultation on the Alcoholic Products (Excise Duty) (Amendment) Regulations 2024.
  • The draft regulations pertain to administrative details such as approvals, returns, and payments.
  • The regulations aim to establish a single digital approval process and digital returns for alcohol duty.
  • A digital service for returns and payments is expected to launch on 1 March 2025.
  • The regulations will standardize alcohol duty return periods, filing dates, and payment dates.
  • The consultation is seeking feedback from stakeholders to ensure the regulations align with policy objectives.
  • The consultation period ends on 18 March 2024.

Source: taxscape.deloitte.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner