Wines: Excise Duties
Commons · Question 11026 · Tabled 24 Oct 2024 · Treasury · Official record
Answered 31 Oct 2024
Question
Asked by Wera Hobhouse
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the withdrawal of the temporary easement for wine on SMEs in the wine industry.
Answer
Answered by James Murray, 31 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 current, temporary duty easement was introduced a...