HMRC's 1 July Stakeholder Digest includes a reminder of the new alcohol product duty regime which comes into force on 1 August 2023 (courtesy of Finance (No 2) Act 2023), highlighting the new reliefs for small producers and draught products, together with transitional provisions which aim to support businesses in the move to the new system. HMRC has recorded a webinar giving an overview of the new structure and rates and further live webinars are planned.
HMRC's 1 July Stakeholder Digest includes a reminder of the new alcohol product duty regime which comes into force on 1 August 2023 (courtesy of Finance (No 2) Act 2023), highlighting the new reliefs for small producers and draught products, together with transitional provisions which aim to support businesses in the move to the new system. HMRC has recorded a webinar giving an overview of the new structure and rates and further live webinars are planned.