HM Revenue and Customs Brief 03/09
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Mineral Oils: Tied Oils Scheme – HO 34 returns (for information)
Purpose of this brief
Following a recent review of the Tied Oils scheme we wish to confirm the
requirements for sending in HO34 returns, particularly with regard to Tax
Tied oils are oils which are delivered relieved of excise duty when they are
put to an eligible use. Certain suppliers and distributors of these oils must be
approved by HM Revenue & Customs (HMRC) before they can trade in such products.
The conditions of such approvals may also require those dealing in tied oils to
complete and send to HMRC returns (on form HO34) detailing the quantities of
tied oils traded in a given accounting period.
Although not formally approved under the Tied Oils Scheme, Tax Warehouses
trading in such products are obliged to complete and send in HO34 returns.
However, the review revealed that some warehouse keepers who deal in tied oils
have not been sending in the returns as required by Section 13.17 of our Public
Notice 184A - Mineral (Hydrocarbon) Oil put to certain use: Excise Duty Relief
Warehouse keepers need do nothing further at this stage. We will be writing
to relevant warehouse keepers to determine whether they supply tied oils and
consequently need to complete and send in HO34 return forms. Arrangements can
then be made to ensure Returns are sent out from a future date. For advice on
completing the Return or any other queries, warehouse keepers should contact our
National Advice Service on Tel 0845 010 9000.
About the Author
© Crown Copyright 2009.
A licence is need to reproduce this article and has been republished for
educational / informational purposes only. Article reproduced by permission of
HM Revenue & Customs under the terms of a Click-Use Licence. Tax briefs are
updated regularly and may be out of date at time of reading.
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Article Published/Sorted/Amended on Scopulus 2009-02-10 11:31:27 in Tax Articles