‘Super stealth tax’ looms via Spring Budget
Industry heads are warning that wine drinkers could face rocketing prices if the chancellor goes ahead with a double-pronged tax hike, likely to be announced at tomorrow’s Spring Budget.
Read more...Industry heads are warning that wine drinkers could face rocketing prices if the chancellor goes ahead with a double-pronged tax hike, likely to be announced at tomorrow’s Spring Budget.
Read more...WineGB has criticised the set up of the government’s duty relief scheme which effectively denies small wine producers support.
Read more...The WSTA struck a note somewhere between optimism and realism at the opening briefing of this year’s London Wine Fair, calling for “resilience and resistance” in order to manifest a more fully formed recovery of the wine and spirit trade post-Covid.
Read more...The Wine and Spirit Trade Association (WSTA) has convened a meeting of MPs and Lords to hear first-hand from British businesses how the ‘punishing’ proposals for duty reform from three to 27 tax bands will negatively impact the drinks industry and consumers.
Read more...James Bayley dives into ‘quintuple shock’ looming on the horizon in April, as businesses call for more ongoing support to boost recovery.
Read more...With the wine trade potentially facing a damaging new duty regime, Andrew Catchpole convened a panel at Wine Paris to ask: “Will the proposed new excise duties in the UK make wine unaffordable?”
Read more...The Wine and Spirit APPG has published its SME Inquiry Report on the government’s ‘illogical and unfair’ reform to alcohol duty.
Read more...The upcoming Wine Paris & Vinexpo Paris trade symposiums will host an Agile Media sponsored event, brining together key stakeholders in the trade to debate the impact of the government's proposed changes to the duty system.
Read more...A member of the Amazon Prime series Three Drinkers has condemned Rishi Sunak’s proposed changes to the duty system as “punishing female consumers”, highlighting that wine is the most popular alcoholic drink among women in the UK.
Read more...With just four days to go before the 30 January consultation deadline on the UK Government’s proposed changes to the way excise duty on alcohol is calculated, the last chance to be heard is fast closing in.
Read more...Australian wine producers have joined forces with Wine Drinkers UK, a collection of leading wine lovers, makers and sellers, to lobby the Chancellor to rethink his proposed alcohol duty reform.
Read more...Accolade Wines is the latest major wine company to join calls urging the government to take stock of its alcohol duty review.
Read more...With time fast ticking, Liberty Wines director of insights & business development, Alex Linsley, shares his company’s deep concerns around the government alcohol duty review, which is under consultation until 30 January 2022.
Read more...Liberty Wines has joined a growing roster of UK drinks companies in voicing its concerns around the upcoming government alcohol duty review, which is under consultation until 30 January 2022.
Read more...Now the dust has settled and the Chancellor has published proposals to change the UK alcohol taxation system, Miles Beale, chief executive of the Wine & Spirit Trade Association, picks apart the pros and cons of the suggested model.
Read more...Chancellor Rishi Sunak revealed plans to simplify the current alcohol duty regime during yesterday’s Budget, when it was revealed that the Treasury would be adopting a new principle of “the stronger the drink, the higher the rate”.
Read more...The news that the duty premium on sparkling wine being sold in the UK has been removed has been met with encouragement from the English and Welsh wine sector.
Read more...Chancellor Rishi Sunak has announced the most radical simplification of alcohol duties for over a century by slashing the number of main duty rates from 15 to six, while also cutting the premium on sparkling wine.
Read more...The Scottish Licensed Trade Association (SLTA) is calling on the Government to overhaul the alcohol excise duty system and introduce new measures that would create a differential between alcohol sold in pubs and supermarkets.
Read more...Reports from the national press suggest that the premium on sparkling wine duty could be scrapped by chancellor Rishi Sunak in the upcoming Autumn Budget in a move which could bring sparkling wine duty in line with still.
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