Beer duty to rise 7.5%
How much will these cost in September? In today’s budget the Chancellor George Osborne announced that beer duty would rise in line with the controversial alcohol duty escalator. “I have no further changes to those measures put in place by the previous government,” he said – retaining the escalator introduced by the previous administration. Roughly […]
UK Treasury to raise duty on beers over 7.5%
On Wednesday the Government published a Review of Alcohol Taxation [pdf], the stated aim of which was to address the consumption of cheap, “super-strength” lagers. The outcome was that the Treasury are to raise duty on all beers over 7.5% abv, and reduce duty on all beers under 2.8% abv – ostensibly to encourage producers […]