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Alcohol Tax

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"U.K. alcohol tax reform: Lower beer prices in pubs, higher costs for other drinks"
business2 years ago

"U.K. alcohol tax reform: Lower beer prices in pubs, higher costs for other drinks"

The UK government has implemented changes to the alcohol tax, resulting in cheaper beer prices in pubs. Alcoholic beverages will now be taxed based on their strength, with lower alcohol by volume (ABV) drinks being taxed at a lower rate. Additionally, the government has expanded the "Draught Relief" scheme, reducing the duty pubs pay on each draft pint compared to supermarkets. This move aims to support struggling pubs and boost the industry, which has seen numerous closures. However, critics argue that the changes will lead to higher prices for stronger wines and spirits.