“The changes we’re making to the way we tax alcohol catapults us into the 21st century, reflecting the popularity of low alcohol drinks and boosting growth in the sector by supporting small producers financially.” Through our Brexit Pubs Guarantee, we’re protecting the price of a pint. He said: “British pubs are the beating heart of our communities and as they face rising costs, we’re doing all we can to help them out. The "Draught Relief" will cut alcohol duty by 9.2% for beer and cider and 23% for wines, spirits and other fermented products purchased in pubs.Īccording to the Chancellor Jeremy Hunt, this will see beer and cider sold in hospitality venues be 11p cheaper than booze sold in supermarkets. However, drinks purchased in pubs are set to see a price cut from August under the " Brexit pubs Guarantee". QVC sells five-piece Elemis pro-collagen collection worth £220 for less than £77 until Sunday
The new tax system is part the biggest shake up of alcohol duty in 140 years and was announced in 2021 during the then-Chancellor Rishi Sunak's Autumn Budget. It claims this means tax on draught beer in pubs will be up to 11p lower than tax on supermarket beer. The new system replaces the current Alcohol Duty system, which consists of four separate taxes simply covering beer, cider, spirits, wine and made-wine.īut at the same time, the Goverment has expanded Draught Relief in pubs as part of a new "Brexit Pubs Guarantee". It means alcohol will be taxed higher the strong they are - so a 40% alcohol by volume (ABV) bottle of whiskey will be taxed more than a 13% ABV bottle of wine. The way alcohol will be taxed will also change as from August, a new system will be introduced and will tax alcoholic drinks according to strength. Taxes on alcohol will change from today and it means most booze bought is set to become more expensive.įirst announced in the Spring Statement, from August 1, alcohol duty rates will rise by 10.1%, in line with the September 2022 inflation figure.
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