Wholesale businesses are already required to meet certain standards and be approved by HMRC prior to trading. From the 1 April 2017 any Licensee found purchasing stock from an unregistered wholesaler could be fined up to £10,000.00 and have their goods confiscated. Licensees will need to carry out sufficient due diligence checking the authenticity of the wholesaler before they do business with them. They will be able to check whether a supplier is registered by using a new online facility available via the GOV.UK website. This will allow trade buyers to look up the details of their suppliers to ensure that they are approved under the AWRS scheme.
Basically Licensed premises will need to ensure that they are sourcing their alcohol from HMRC approved wholesalers.
The scheme has been introduced to tackle the estimated alcohol duty fraud costs of £1 billion pounds a year.
For further information, please contact Andrew Cochrane.