CUSTOMS EXCISE DUTIES

HMRC has updated the following guidance:

From 1 April 2012 legislation will make clear that ‘the use of red diesel with full duty paid for propelling private pleasure craft is permitted under UK national legislation within UK waters’, HMRC said in Revenue & Customs Bri

HMRC has rewritten Notice 48, setting out the extra statutory concessions previously applied by HM Custo

HMRC has updated Notice 48 (Extra statutory concessions relating to VAT and other indirect taxes); and Notices 704/1 (Tax free shopping in the UK), 701/21A (investment gold coins) and 701/32 (Burial, cremation and the commemoration of the dead).

HMRC has updated its ‘starter pack’ for people who intend to bring goods into the UK from outside the EU or send goods from the UK out of the EU. The 69-page Guide to Importing and Exporting: Breaking down the Barriersexplains how importers...

HMRC is to consult on possible changes to the rules setting out the types of vehicles eligible to use rebated (red) diesel for snow clearance and gritting work.

The Excise Duties (Road Fuel Gas) (Reliefs) (No. 2) Regulations, SI 2011/3064, correct an error in the Excise Duties (Road Fuel Gas) (Reliefs) Regulations, SI 2011/2905. 

Alan Powell reviews the top five tax developments in 2011 affecting excise duties