Finance Act 1923
| Jurisdiction | UK Non-devolved |
| Citation | 1923 c. 14 |
Finance Act, 1923
(13 & 14 Geo. 5.) CHAPTER 14.
An Act to grant certain Duties of Customs and Inland Revenue (including Excise), to alter other Duties, to amend the Law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with Finance.
[18th July 1923]
Most Gracious Sovereign,
We , Your Majesty's most dutiful and loyal subjects the Commons of the United Kingdom of Great Britain and Ireland in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Part I.
Customs and Excise.
1 Duty on tea.
1. The duty of customs payable on tea until the first day of August, nineteen hundred and twenty-three, under the Finance Act, 1922, shall, subject to the provisions of section eight of the Finance Act, 1919(which relates to imperial preferential rates), continue to be charged, levied and paid until the first day of August, nineteen hundred and twenty-four, on the importation thereof into Great Britain or Northern Ireland, that is to say:—
| Tea | the lb., eight pence. |
2 Rebate from excise duty on beer.
(1) There shall, in respect of beer brewed in Great Britain or Northern Ireland on or after the first day of April, nineteen hundred and twenty-three, be allowed the following rebate from the excise duty payable in respect thereof, that is to say:—
In the case of beer brewed by a brewer of beer for sale, for every thirty-six gallons of beer, of whatever original gravity, charged with duty and delivered from the brewery, a rebate of one pound, or where the duty payable in respect of thirty-six gallons of any beer so charged and delivered is less than two pounds and four shillings, a rebate equal to the amount by which that duty exceeds the sum of one pound and four shillings;
In the case of beer brewed by any brewer other than a brewer for sale, for every thirty-six gallons of worts of a specific gravity of one thousand and fifty-five degrees charged with duty a rebate of one pound and five shillings;
and so in proportion for any difference in quantity.
(2) The excise drawback payable on the exportation of any beer, or on the deposit thereof in a warehouse for exportation, from Great Britain or Northern Ireland as merchandise or for use as ships' stores, shall, unless it is shown to the satisfaction of the Commissioners of Customs and Excise that no rebate has been allowed in respect of that beer under this section, be reduced by an amount equal to the amount of the rebate allowable under this section in respect thereof.
This subsection shall be deemed to have had effect as from the first day of April, nineteen hundred and twenty-three.
(3) The Commissioners of Customs and Excise may make such regulations as they consider necessary for the purpose of carrying this section into effect, and in particular for the purpose of facilitating and controlling the calculation of the amount of the rebate to be allowed under this section and with respect to the method of computing the quantity of the beer in respect of which rabate is to be allowed.
(4) If any person acts in contravention of or fails to comply with any regulations made under this section, he shall, for each offence, be liable at the election of the Commissioners of Customs and Excise, either to an excise penalty of one hundred pounds or to an excise penalty equal to three times the amount of the rebate, which through the commission of the offence has been, or might have been, improperly obtained.
3 Rebate from customs duty on beer.
(1) There shall, in respect of beer imported into Great Britain or Northern Ireland, on or after the seventeenth day of April, nineteen hundred and twenty-three, be allowed from the customs duty payable on importation a rebate of one pound for every thirty-six gallons of beer, or, where the duty payable in respect of thirty-six gallons of beer is less than two pounds four shillings and threepence, a rebate equal to the amount by which the duty exceeds the sum of one pound four shillings and threepence.
(2) The customs drawback payable on the exportation or shipment for use as stores of any beer imported into Great Britain or Northern Ireland shall, unless it is shown to the satisfaction of the Commissioners of Customs and Excise that no rebate has been allowed in respect of that beer under this section, be reduced by an amount equal to the amount of the rebate allowable under this section in respect of that beer.
This subsection shall be deemed to have had effect as from the seventeenth day of April, nineteen hundred and twenty-three.
4 Repeal of duty on cider.
4. The excise duty chargeable under section five of the Finance (New Duties) Act, 1916, on cider or perry sold or kept for sale in Great Britain or Northern Ireland, and the customs duty chargeable under section eight of the Finance Act, 1916, on cider and perry imported into Great Britain or Northern Ireland, shall cease to be chargeable as from the first day of May, nineteen hundred and twenty-three.
5 Reduction of duty on certain table waters.
5. As from the first day of May, nineteen hundred and twenty-three, the excise duty now chargeable under section four of the Finance (New Duties) Act, 1916, at the rate of fourpence per gallon on certain table waters sold or kept for sale in Great Britain or Northern Ireland, shall be charged at the reduced rate of twopence per gallon.
6 Continuation of customs duties imposed under 5 & 6 Geo. 5. c. 89.
6. The new import duties and the additional customs duties on dried fruits imposed by Part I. of the Finance (No. 2) Act, 1915, shall, subject to the provisions of section eight of the Finance Act, 1919 (which relates to imperial preferential rates), continue to be charged, levied and paid, in the case of the new import duties, until the first day of May, nineteen hundred and twenty-four, and in the case of the duties on dried fruits, until the first day of August, nineteen hundred and twenty-four.
7 Continuation of increased medicine duties.
7. The additional duties of excise imposed by section eleven of the Finance (No. 2) Act, 1915, on medicines liable to duty shall continue to be charged, levied and paid until the first day of August, nineteen hundred and twenty-four.
8 Drawback on manufactured coffee for export.
(1) If it is proved to the satisfaction of the Commissioners of Customs and Excise that any roasted coffee in respect of which the duties of customs payable thereon have been duly paid has been used in Great Britain or Northern Ireland in the manufacture or preparation of any goods exported or shipped for use as stores, there shall, subject to such conditions as the Commissioners may prescribe, be allowed in respect of the quantity of roasted coffee which appears to the satisfaction of the Treasury to have been used in the manufacture or preparation of the goods a drawback equal to the drawback which would be payable upon the exportation of the same quantity of roasted coffee.
(2) This section shall apply to roasted chicory and to mixtures of roasted coffee and roasted chicory as it applies to roasted coffee, with the substitution of the words ‘duties of customs or excise’ for the words ‘duties of customs.’
(3) In allowing drawback under this section the said Commissioners may, with the assent of the Treasury, relax in the case of any goods any requirements of sections one hundred and four and one hundred and six of the Customs Consolidation Act, 1876 , as to the giving of security and the examination of goods.
9 Amendment of s. 12 of Finance Act, 1922.
9. Section twelve of the Finance Act, 1922, which reduces the duties to be charged on certain negative cinematograph films, shall have effect as though for the condition requiring all the principal actors and artists employed for the production of a film to be Britain subjects and domiciled in Great Britain or Northern Ireland there were substituted a condition requiring all such principal actors and artists, except five, or if the total number of the principal actors and artists is less than twenty not less than three-quarters of the principal actors and artists to be British subjects and domiciled as aforesaid, and for the purposes of the said section twelve, as amended by this section, the expression ‘artists’ shall include the person working the photographic camera by means of which the pictures composing the film are taken.
10 Six-wheeled vehicles.
(1) Where a vehicle is used in combination with a trailer which has not more than two wheels in contact with the ground, and is so constructed and by partial superimposition so attached to the vehicle that at all time the weight on the rear axle of the vehicle exceed the weight...
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