Guidance: Excise Tax Types, Excise Duty Rates and Supplementary Guidance
· WOWERI
Find tax type codes and rates for goods liable to excise duty. Guidance on determining tax types for goods liable to excise duty. Information on excise tax types and excise duty rates.
Introduction
The excise tax guidance provides information on excise tax types, excise duty rates, and supplementary guidance. For goods liable to excise duty, a tax type code (DE 4/3) must be specified. Tax type codes and excise duty rates can be found on the UK Government website.
Tax Type Codes and Excise Duty Rates
Tax type codes and excise duty rates are determined by the type of goods. For example, for alcoholic beverages, the tax type code may be as follows:
| Code | Description | Excise Duty Rate |
|---|---|---|
| 2203 | Beer | 19.47 pence per 100 liters |
| 2204 | Wine | 26.64 pence per liter |
| 2205 | Rum, whiskey, and other spirits | 28.74 pence per liter |
Supplementary Guidance
To determine tax type codes and excise duty rates, the following factors must be considered:
- Type of goods
- Quantity of goods
- Country of origin of goods
- Purpose of goods
Conclusion
The excise tax guidance provides important information on tax type codes and excise duty rates for goods liable to excise duty. Familiarize yourself with the guidance and find the necessary information on the UK Government website.
What to do next
Source: gov.uk