Accolade Wines is the latest major wine company to join calls urging the government to take stock of its alcohol duty review.
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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.
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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.
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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.
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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”.
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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.
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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.
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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.
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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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The Wine and Spirit Trade Association (WSTA) is again calling on the Government to freeze alcohol duty as consumers face record high prices over the festive period.
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Britain’s gin makers are calling on Chancellor Rishi Sunak to freeze spirit duty and extend hospitality’s VAT cut to alcoholic drinks to help boost British business.
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A combination of climate change, labour shortages and increased shipping costs are threatening Britain’s wine supplies, with price rises likely to follow, Wine Drinkers UK (WDUK) has claimed.
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The Wine & Spirit Trade Association (WSTA) has called on the Treasury to freeze wine and spirit duty and extend the hospitality VAT reduction in the Autumn Budget to allow the country to climb out of the Covid-19 slump.
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Trade Secretary Liz Truss is considering introducing a 25% tariff on US wine imports as part of an ongoing trade conflict caused by Donald Trump imposing a 25% tariff on US steel imports in 2018.
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The Wine and Spirit Trade Association (WSTA) has won a significant post-Brexit victory after government has agreed to scrap the time consuming and costly VI-1 forms on imported wine.
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The US has lifted tariffs on Scotch whisky for four months as leaders enter into negotiations to put a long-term solution in place.
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Duty on wines, spirits and beers is to be frozen, Chancellor Rishi Sunak announced in today’s Budget.
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Hospitality leaders are optimistic about the long-term future of the sector and its role in the UK’s economic recovery, with many businesses seeking to grow rather than shrink, the latest CGA Business Leaders' Survey has revealed.
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Will the chancellor address the continuing controversy over punishing duty rates in the wine and spirits sectors in the 3 March Budget? Lisa Riley reports.
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The Covid-19 pandemic has failed to halt the UK’s distillery boom with new figures showing a record number of distilleries were registered in 2020.
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