Duty Calls

This month's edition of Duty Calls sees us exploring recent developments in the oft-forgotten world of excise duty drawback. Excise duty drawback allows 'eligible claimants' to recover the duty they have paid on eligible goods which have not been and are not going to be consumed in the UK. The alternative to the drawback system is for a company to buy goods under duty suspension arrangements. For some businesses (particularly smaller businesses) this is too complicated or simply not possible. Buying goods duty-paid and then claiming the duty back represents therefore a more straightforward way of doing business.

The reason that excise duty drawback finds itself as my topic this month...