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Red Diesel......UK Update

Posted by Colin Becker 
Red Diesel......UK Update
22 January, 2008 16:03
Greetings,

I've just had a sort of an update from HM Revenue and Customs.....

They have examined the responses to the consultation which closed on 31
October and draft legislation to bring
in the new duty regime is currently with Parliamentary Counsel. They expect
to publish in the next few weeks along with a summary of
consultation responses and a full Regulatory Impact Assessment. The changes
will be effective from 1 November 2008.

They say that details will be posted on www.hmrc.gov.uk in the "What's
new?"
section.

They wouldn't be drawn on the details of how they will implement the ending
of the derogation.

Best Wishes,

Colin
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