{"id":1223,"date":"2016-03-10T10:51:50","date_gmt":"2016-03-10T10:51:50","guid":{"rendered":"http:\/\/www.bainesjewitt.co.uk\/blog\/?p=1223"},"modified":"2016-03-10T10:51:50","modified_gmt":"2016-03-10T10:51:50","slug":"hmrc-aims-to-stamp-out-alcohol-tax-evasion","status":"publish","type":"post","link":"https:\/\/www.bainesjewitt.co.uk\/blog\/hmrc-aims-to-stamp-out-alcohol-tax-evasion\/","title":{"rendered":"HMRC aims to stamp out alcohol tax evasion"},"content":{"rendered":"<p>Officials at HM Revenue &amp; Customs (HMRC) have warned that alcohol traders face substantial penalties if they fail to register for the tax authority\u2019s Alcohol Wholesale Registration Scheme.<!--more--><\/p>\n<p>Retailers have been given until March 31<sup>st<\/sup> to sign up to the initiative and if they fail to do so they could face fines of up to \u00a310,000 and the threat of a criminal conviction.<\/p>\n<p>HMRC is cracking down following concerns that around \u00a31.2billion is lost each year as a result of businesses who fail to pay alcohol taxes.<\/p>\n<p>As of next year, retailers will only be able to buy alcohol through wholesalers who have been approved by HMRC, with the authority publishing a list of these sellers online.<\/p>\n<p>Laura Pollard, HMRC\u2019s deputy director for alcohol and tobacco, said: \u201cDo not run the risk of being hit with a fine. Give yourself plenty of time to get your application done on time.<\/p>\n<p>\u201cAny business selling alcohol to other businesses should check whether they need to apply. Don&#8217;t leave it too late.<\/p>\n<p>\u201c[The scheme] will help hardworking, legitimate businesses by ending the illegal competition from traders selling illicit alcohol.\u201d<\/p>\n<p>There have, however, been criticisms that the tax authority hasn\u2019t done enough to make the form accessible, with concerns that it is only available online.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Officials at HM Revenue &amp; Customs (HMRC) have warned that alcohol traders face substantial penalties if they fail to register for the tax authority\u2019s Alcohol Wholesale Registration Scheme.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1223"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1223"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1223\/revisions"}],"predecessor-version":[{"id":1224,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1223\/revisions\/1224"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}