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Tax & compliance

Excise tax — who it actually applies to

Tobacco, energy drinks, carbonated drinks, sweetened drinks and vaping products, at rates up to 100%. If you import or stock any of them, the obligation is yours and it is separate from VAT.

Up to 100% rateSeparate from VATImporters and stockpilers

The rule

What the law actually requires.

Excise tax applies to a defined list of goods: tobacco and tobacco products at 100%, energy drinks at 100%, electronic smoking devices and liquids at 100%, carbonated drinks at 50%, and sweetened drinks at 50%. It is charged on importers, producers and stockpilers of those goods, and on operators of designated excise warehouses. It is a separate registration, a separate return and a separate regime from VAT, and being registered for VAT does nothing for excise purposes.

The category that catches businesses out is stockpiling. A retailer, a restaurant, a hotel or a distributor holding excise goods above defined levels on which excise has not previously been paid can be a stockpiler with its own registration and payment obligation, without ever having imported anything. Sweetened drinks in particular have a wider reach than people expect, capturing a large range of products that would not obviously be described as soft drinks. Anyone in food and beverage retail or distribution should test the position rather than assume excise is somebody else's problem.

Thresholds and deadlines

Tobacco and tobacco products
100%
Energy drinks
100%
Electronic smoking devices and liquids
100%
Carbonated drinks
50%
Sweetened drinks
50%
Who registers
Importers, producers, stockpilers, warehouse keepers

The compliance calendar

100%Tobacco and tobacco products
100%Energy drinks
100%Electronic smoking devices and liquids
50%Carbonated drinks
50%Sweetened drinks
At these rates excise is not a margin adjustment — it is the commercial model. VAT then applies on top.

What to do

The filing, step by step.

  1. Test whether your goods are within the listSweetened drinks in particular is broader than it sounds and captures many products.
  2. Establish which category you fall intoImporter, producer, stockpiler or warehouse keeper. Stockpiling is the one businesses miss.
  3. Register separately from VATExcise registration is its own process; a VAT registration does not cover it.
  4. Price the tax into the productAt 50% or 100% it is not a margin adjustment, it is the whole commercial model.
  5. File excise returns on their own cycleSeparate from VAT returns, with their own deadlines and penalties.
The mistake people make. Assuming excise is only for importers. A distributor or retailer holding stock above the defined levels on which excise has not been paid is a stockpiler with its own registration obligation, and this is discovered on audit rather than at the border.

Related

Questions

Tobacco and tobacco products, energy drinks and electronic smoking devices and liquids at 100%; carbonated drinks and sweetened drinks at 50%.

Possibly. Holding excise goods above defined levels on which excise has not been paid makes you a stockpiler with a registration obligation.

No. It is a separate regime with separate registration, returns and deadlines, charged at much higher rates on a narrow list of goods.

VAT is calculated on the excise-inclusive price, so the two compound.

One question

Where are you with VAT?