Alcohol duty fraud is damaging the legitimate UK alcohol industry resulting in losses of up to £1.2bn per annum to the UK taxpayer. Budget 2011 announced that the Government will explore potential legislative measures to tackle existing and emerging threats to alcohol duty receipts. This consultation outlines legislative options intended to reduce the scale of alcohol fraud. Businesses and individuals may influence policy design, and help inform decisions on the introduction of new legislation by commenting on the proposals in the consultation, which can be downloaded from the above-mentioned website.
Origin
Unknown
Journal Title
www.Hmrc.Gov.Uk/Budget-Updates/March2012/Alcohol-Fraud-Condoc.Pdf
Sector
Container glass
Class
C 4646