Policy paper

Draft legislation: The Hydrocarbon Oil (Vapour Recovery Relief) Regulations 2016

This draft legislation sets out the conditions for claiming an Excise Duty credit - Vapour Recovery Relief.



The measure will allow eligible businesses to claim a relief of Excise Duty following the capture of petrol vapour and its return to duty-suspended stocks. The measure is tax neutral. Its aim is to avoid double taxation of the recovered petrol when it is released again for UK consumption.

For any queries regarding this instrument please contact Tony Baxter on Telephone: 03000 587 921 or email: tony.baxter@hmrc.gsi.gov.uk.

A tax information and impact note has also been published.

Published 21 December 2016