HMRC inspection powers extend on April 1

22/02/2011

HM Revenue and Customs (HMRC) has reminded traders that new legislation to enter into force in the UK on April 1, 2011, will strengthen the tax authority’s powers to tackle and investigate excise tax fraud on AMLD, with the aim of protecting legitimate businesses and state coffers, says Tax-News.com.

The legislation will extend the powers of entry in sections 112 and 118 Customs and Excise Management Act 1979 (CEMA) so officers can inspect documents, as well as goods and makes clear that the powers apply to premises used but not owned by revenue traders. HMRC can also take copies and remove originals.

The section 161A search warrant will be amended so that officers can search for documents relevant to excise goods.

Other amendments to the CEMA will align record-keeping time limits with other UK tax regimes; and codify HMRC’s assurances that it will not inspect premises used only as private dwellings.

The legislation will apply to  Amusement Machine Licence Duty, Bingo Duty, Gaming Duty, General Betting Duty, Holding and Movements, Hydrocarbon Oils Duty, Lottery Duty, Pool Betting Duty, Remote Gaming Duty Air Passenger Duty, Alcohol Duty and Tobacco Duty.

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