HMRC has published two sets of draft regulations for consultation, setting out the detailed rules for the operation of the levy and specific powers for enforcement and compliance. Comments on the regulations are invited by 8 December.
HMRC has published two sets of draft regulations for consultation, setting out the detailed rules for the operation of the levy and specific powers for enforcement and compliance. Comments on the regulations are invited by 8 December.
· The Soft Drinks Industry Levy Regulations 2017 set out in detail the scope and operation of the levy; and
· The Soft Drinks Industry Levy (Enforcement) Regulations 2017 will provide HMRC with specific enforcement and compliance powers under CEMA 1979, with evasion of the levy treated as a fraud offence, subject to powers of entry, search or seizure.
See http://bit.ly/2yNdfxM. The levy is to be introduced from April 2018. Primary legislation is contained in Finance Act 2017 Pt 2.
HMRC has published two sets of draft regulations for consultation, setting out the detailed rules for the operation of the levy and specific powers for enforcement and compliance. Comments on the regulations are invited by 8 December.
HMRC has published two sets of draft regulations for consultation, setting out the detailed rules for the operation of the levy and specific powers for enforcement and compliance. Comments on the regulations are invited by 8 December.
· The Soft Drinks Industry Levy Regulations 2017 set out in detail the scope and operation of the levy; and
· The Soft Drinks Industry Levy (Enforcement) Regulations 2017 will provide HMRC with specific enforcement and compliance powers under CEMA 1979, with evasion of the levy treated as a fraud offence, subject to powers of entry, search or seizure.
See http://bit.ly/2yNdfxM. The levy is to be introduced from April 2018. Primary legislation is contained in Finance Act 2017 Pt 2.
