V23.113 Tax Credits

If, after a charge to the levy has arisen in relation to chargeable soft drinks, the drinks are exported from the United Kingdom, or are lost or destroyed, HMRC may make provision for1:

  1.  

    •     the liable person to be entitled to a tax credit in respect of any soft drinks industry levy charged on the soft drinks that are exported or (as the case may be) lost or destroyed

  2.  

    •     for the tax credit to be brought into account when the person is accounting for soft drinks industry levy due from the person for the prescribed accounting

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