Wines: Excise Duties
Commons · Question 10269 · Tabled 21 Oct 2024 · Treasury · Official record
Answered 29 Oct 2024
Question
Asked by Ben Coleman
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on small and medium-sized wine traders of the introduction of a tax-by-strength alcohol excise duty regime within one year.
Answer
Answered by James Murray, 29 Oct 2024
In August 2023 the Government introduced reforms to alcohol duty so that products are taxed in proportion to their alcoholic strength, not volume. To help the wine industry adapt to the new duty system, the temporary duty easement was introduced as a tran...