Alan Powell reviews the top five tax developments in 2011 affecting excise duties
The Excise Goods (Holding, Movement and Duty Point) (Amendment) Regulations, SI 2011/2225, make detailed changes to the principal regulations in SI 2010/593.
Proposals to update customs and excise legislation with a view to ‘simplifying the legislation, closing the tax gap, removing burdens on business and strengthening the UK’s borders’ are the subject of an HMRC consultation.
Revenue & Customs Brief 31/11 sets out changes to the excise duty treatment of certain fuel additive products.
The Betting and Gaming Duties Act 1981 (Amendment) Order, SI 2011/1753, amends the definition of a category B3 gaming machine for the purpose of amusement machine licence duty.