Part 2Alcohol Duty

Chapter 3Small producer relief

Main provisions

I1I254Small producer relief: discounted rates

1

Alcohol duty is charged at the discounted rate on small producer alcoholic products produced in a particular production year (the “current year”).

2

The discounted rate, in relation to small producer alcoholic products, is equal to—

a

the standard rate, less

b

the duty discount for those products (determined in accordance with section 59 and Schedule 9).

3

In subsection (2)(a), the “standard rate”, in relation to alcoholic products, means—

a

the rate shown for products of that kind in Schedule 7, or

b

if Schedule 8 applies (and no election has been made under section 50(2)) in relation to the products) the rate shown for products of that kind in that Schedule.

4

For the purposes of this Chapter—

a

a “production year” is a period of 12 months beginning with 1 February;

b

the “previous year”, in relation to alcoholic products, is the production year immediately preceding the current year in relation to those products.