Duty

Duty is applicable to a wide range products, it can be in the form of Customs Tariffs at the point of importation of any type of goods, or Excise Duty on alcoholic products. We have also seen the introduction of Sugar tax which can impact alcoholic and non alcoholic products.

The main purpose of any Tax regime is to ensure the right amount of duty is paid at the right time.

At ABLK we can provide guidance in the following areas:

• Classification - Ensuring that your goods have the correct commodity code, duty band and Excise codes are in place
• Returns - Warehouse Returns can be seen as complicated, we can provide simplified processes and tools to streamline the amount of time spent compiling returns
• Reconciliation - providing guidance or audits of your Internal and External reconciliations to ensure accuracy and compliance 
• Made Wines are now Other Fermented Beverages / RTD's -  Are you classifying your goods correctly and ensuring you are paying the correct duty rates
• Calculating duty - Alcohol by Volume for all alcohol categories
• Small Producers Relief - How to calculate, ensure you are getting your benefits