Planned Rise in Alcohol Duty Rates to be Cancelled Due to Industry Concerns

By: Trademagazin editor Date: 2022. 09. 26. 09:59

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Planned increases in alcohol duty rates for beer, cider, wine and spirits have been axed, following an announcement by Chancellor Kwasi Kwarteng in the Commons today, 23 September.

As of 2023, all drinks are set to be taxed in proportion to their alcohol content, following the government’s announced plans to reform the alcohol taxation system

The move came as Kwarteng said he had “listened to industry concerns about the ongoing reforms”.

An 18-month transitional measure for wine duty and an extended draught relief to smaller kegs were also included in the measures changed in a bid to help support smaller breweries.

As of 2023, all drinks are set to be taxed in proportion to their alcohol content, following the government’s announced plans to reform the alcohol taxation system.

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