HM Revenue & Customs Brief 31/13, published earlier this month, sets out how the Government proposes to suspend certain Aggregates Levy exemptions, exclusions and reliefs that are currently the subject of a European Commission (EC) investigation. Essentially, understate aid rules, HM Revenue & Customs [HMRC] must either tax all aggregates or tax none. The Government has taken the view that taxing the materials that are currently being investigated by the EC is the most appropriate way in which to meet its obligations under Article 108(3) of the Treaty on the Functioning of the European Union (TEFU).
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