News

22/07/15: HMRC Alcohol Wholesaler Registration Scheme

26th July 2015

HMRC announced today that alcohol wholesalers need to start preparing for the new Alcohol Wholesaler Registration Scheme (‘AWRS’).  HMRC state that the new scheme will help tackle a £1.3 billion excise duty loss a year. Wholesalers must apply for approval to be registered between 01/10/15 and 31/12/15 but need to ensure the integrity of their […]

13/07/15: HMRC Seize 550,000 Litres of Alcohol

13th July 2015

A six-week crackdown has resulted in more than 550,000 litres of beer, wine and spirits being seized, HM Revenue and Customs (HMRC) announced recently. The operation, which ran alongside HMRC’s ongoing initiatives to detect smuggling, was carried out at the Port of Dover to further clampdown on excise fraud and smuggling. The operation resulted in […]

13/07/15: HMRC Increase Compliance Measures on Alcohol Trade sector

13th July 2015

Two HGV lorry drivers are facing 6 month driving suspensions after having been caught carrying illegal loads of alcohol. HMRC/UKBF are increasing their clamp down on the smuggling of alcohol into the UK by liaising with other Government bodies to ensure swift action is taken to prevent the loss of an estimated £1.3 Billion excise […]

04/05/15: HMRC Excise Payment Security System (‘EPSS’)

3rd May 2015

Hidden away within HMRC’s website and not widely advertised by HMRC is the Excise Payment Security System (EPSS) which allows businesses to defer payment of excise duty on goods without the need to lodge a guarantee with HMRC. To apply for EPSS you have to satisfy certain criteria including being VAT registered with HMRC for […]

04/04/2015: HMRC Charges for Anti-Money Laundering Changes

4th April 2015

HMRC charges for Anti Money Laundering will change from 1 April 2015. The charges will be: a new non-refundable charge of £100 for businesses applying to join the register; an increase in the non-refundable charge to conduct a fit & proper persons test from £50 to £100 per test; the end of the transitional cap […]

25/03/15: Lorry Driver Jailed for Alcohol Fraud

4th April 2015

A lorry driver caught attempting to smuggle 63,342 litres of alcohol into the UK, evading £90K in duty and taxes had been jailed after an investigation by HMRC. HMRC say excise evasion is a serious offence.  HMRC will often limit their action to seizure of the vehicle,consignment and the issue of excise duty assessments and […]

09/02/15: HMRC Publish Details of the Proposed Registration of Alcohol Wholesalers Scheme

9th February 2015

HMRC have recently published detailed proposals regarding the Alcohol Wholesalers Registration Scheme to be introduced in the Finance Bill 2015. All businesses buying and selling alcoholic drinks for wholesale will be affected, whether new or existing businesses in this trade sector. The measures will take effect from 1st October 2015 from when alcohol wholesalers will […]

06/02/15: M&R Tax Advisers Victory in Micro Brewery Case

6th February 2015

M&R Tax Advisers have been engaged by a ‘micro brewery’ to challenge conditions imposed by HMRC upon its Producer and Holder of Beer approval whereby HMRC limited the micro brewery to supplies from a single specified brewer alone in topping up its own production where required. We challenged the reasonableness of these conditions and following […]

26/01/15: HMRC Announce New Anti-Money Laundering (‘MLR’) Fees

26th January 2015

HMRC will from 1 April 2015, implement the following measures: · retain the current per premises registration fee for new businesses and those renewing in 2015 with an increase of £5 in 2016-17. · introduce a non-refundable processing fee of £100 for businesses applying to be registered for the first time. · increase the fit […]

17/10/14: HMRC Admits to Widening Tax Gap

17th October 2014

Figures for 2012-13 released today have revealed that £34 billion owed to HMRC last year went unpaid through error, avoidance, evasion and criminality. This amount of unpaid tax equates to 6.8 % of all taxes owed as the tax gap has widened and now costs more than before 2010. Unpaid taxes include £2.9 billion in […]