Smugglers evade pounds 750m in taxes
Monday 23 September 1996
UK brewers claimed yesterday that the figures, which contrast with earlier estimates of about pounds 500m, vindicated their long-running warning about the damage to their industry caused by smuggling.
A spokesman from Whitbread said: "The announcement by Customs & Excise comprehensively endorses [our] argument.
"Since restrictions on cross-Channel imports were lifted in January 1993, illegal beer sales are growing at an accelerated rate year-on-year. The most logical conclusion would be to reduce excise duty by around 50 per cent."
However, a Customs & Excise spokesman said that, while large, the amount evaded still represented less than 5 per cent of the pounds 18.6bn annual excise duty and VAT collected on alcohol and tobacco.
Customs believes that while the revenue evaded by smuggling is pounds 770m, the actual loss will be less because a considerable part of this amount is additional consumption. It is unlikely that equivalent amounts would be bought in the UK otherwise.
Phillip Oppenheim, the Customs Minister, pledged additional resources to plug the gaps in cross-border smuggling. Almost 300 staff are now employed to combat smuggling from Europe.
The biggest source of evasion, Customs investigators estimate, is hand- rolling tobacco, which costs the taxman pounds 425m a year.
Hundreds arrested as Canadian police smash worldwide paedophile ring
Ja Rule forced to deny leaving wife for prison cell mate
Nelson Mandela: 11 inspirational quotes to live your life by
Ryanair calls on CAA to act over air traffic chaos caused by telephone system glitch
Crash pilot who threatened Ukip leader Nigel Farage found dead
- 1 Hundreds arrested as Canadian police smash worldwide paedophile ring
- 2 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 3 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 4 A forgotten episode in Russian history leaves links with the Philippines
- 5 People will try to reduce Mandela to a lilting reggae tune about ‘love’. They will fail
- < Previous
- Next >
iJobs Money & Business
£80000 - £100000 per annum + benefits + bonus: Harrington Starr: Project Manag...
£50000 - £60000 per annum + benefits + bonus: Harrington Starr: Business Analy...
£30000 - £40000 per annum + Bonus and Benefits: Harrington Starr: A global Con...
£150 - £250 per day: Cornwallis Elt : iPhone Rollout- Blackberry Enginee...