Business rates

When excise goods are moving within the European Union in excise duty-suspension, the movement must take place between persons and premises that have been approved for that purpose by the competent authorities in the Member State where they are based.

If you use traditional accounting, your purchase of assets such as machinery, equipment, structures and buildings will not be deducted from your income in the same way as business expenses. However, when working out your taxable profits, you may be able to claim capital allowances against the cost of buying these assets, which reduces your tax bill.

Certain duties and obligations apply when dealing with alcohol, tobacco, fuel and gambling. Find out what those duties are and where to get detailed information.