HMRC alcohol strategy

HMRC has published an updated strategy to tackle fraud and reduce burdens on alcohol businesses. See http://bit.ly/1Yeclgg. The last version of the strategy published in 2010 focused solely on tackling fraud. The new strategy looks at reforming the law and processes for alcohol by:

simplifying tax across disparate alcohol regimes
digitising transactions in line with HMRC’s digital ambition for 2020
streamlining processes to support business growth including a quicker approval service for new and expanding businesses.

HMRC will consult on reform of procedures for the collection of alcohol duty in summer 2016.

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simplifying tax across disparate alcohol regimes
digitising transactions in line with HMRC’s digital ambition for 2020
streamlining processes to support business growth including a quicker approval service for new and expanding businesses.

HMRC will consult on reform of procedures for the collection of alcohol duty in summer 2016.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes: