Alcohol duty is charged on all drinks which are more than 1.2% ABV strength, either at the point of production or when they are imported. Spirits like gin and vodka will see a 3.6% price rise ...
This introduction of taxing wine and spirits by strength will come alongside the alcohol tax itself rising in line with the Retail Price Index at 3.6%. This means the duty on a bottle of gin will ...
A trade body for the industry called the changes a "bitter blow", saying the duty on a bottle of 14.5% ABV (alcohol by volume) red wine will rise by 54p, and go up by 32p on a bottle of gin.
The increase in alcohol duty was announced by Rachel Reeves in the Autumn budget last year. The alcohol tax will rise in line with the Retail Price Index, which is currently 3.6%. Alcohol duty is ...
The alcohol tax itself will rise in line with the Retail Price Index at 3.6%, but a new system to tax wines and spirits based on strength will be introduced at the same time. This means the duty ...