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EXCISE REGULATIONS - NEWS

UK PLASTIC PACKAGING TAX (PPT) UPDATE

As announced in the Spring Budget on 15 March 2023, the penalty regime for PPT returns has now been aligned with that of VAT. This means that penalties start, based on the outstanding amount, on the 16th day that the payment is late, with a 2% penalty immediately due.

THE NETHERLANDS: SIMPLIFIED ACCOMPANYING DOCUMENT BECOMES ELECTRONIC SIMPLIFIED ACCOMPANYING DOCUMENT AND THE CONSEQUENCES IN NL

As of February 13th, 2023, Directive 2020-262 will be applicable and one of the adjustments has to do with the change of the paper Simplified Accompanying document (SAD) to an electronic Simplified Accompanying document (e-SAD).

THE NETHERLANDS: SEPARATE REQUEST FOR A REFUND OF EXCISE DUTY AND CONSUMPTION TAX

Up until 2022 it was allowed, in the Netherlands, to settle the duty paid returns in the monthly declaration. As of January 1st, 2023, this is no-longer allowed - a separate request for a refund is to be submitted on the site of the Tax Authorities.

ITALIAN EXCISE DUTY RATES ARE ON THE WAY BACK

Both citizens and operators are used, each year, to keep finger crossed until the very last day of the year hoping for a last-minute renewal of the excise rate reduction. This time nothing happened so the standard rate of fuels and beer increased after the New Year’s Eve.

WINE LABELLING IN THE UK

New labelling requirements to show a UK importer due to be implemented on 1 October 2022 have been postponed. Wine that you import and market in GB must be labelled with the address of a UK based importer or bottler, or both. You can continue to use an EU importer or bottler’s details until 31 December 2023.

PUBLICATION OF THE DELEGATED REGULATION (EU) 2022/1636 AND THE IMPLEMENTING REGULATION (EU) 2022/1637.

Last Friday, September 23, the following two Regulations were published in the Official Journal of the European Union (DOUE): Delegated Regulation (EU) 2022/1636 and Implementing Regulation (EU) 2022/1637.

UK MINI-BUDGET – ALCOHOL DUTY

There were a number of tax changes announced in the mini-budget of 23 September aimed at stimulating the UK economy with an annual growth target of 2.5%. Amongst these changes was an announcement to freeze alcohol duty which had otherwise been due to increase.

INDUSTRIAL ACTION OF CHRISTMAS AFFECTING TRADE TO THE UK

The largest UK Civil Service Union, the Public and Commercial Services Union (PCS) voted in favour of strike action in early November.

PCS now has a legal mandate for its members – in areas where the legal threshold was reached – to take action for a period of 6 months (i.e. until the end of April 2023).

NEW TAX BENEFITS ON ENERGY PRODUCTS IN ITALY IN 2022

Several regulatory interventions have been implemented in Italy to tackle the costs of energy products occurred at the beginning of the year due, among others, to the increase in demand in the post-Covid phase and the sanctions imposed on Russia by the Member States of the European Union. Italian institutions aimed to reduce the final cost for both companies and private consumers.

ALCOHOL TAXATION IN THE UK

In 2020, the UK Government announced a review of alcohol taxation (excise duty).Plans to change fundamentally the structure of the UK’s excise duty regime were announced in the Spring Budget of March 2021 and were expected to take effect from August 2023.

June 2022: Get Involved
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