Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Government’s proposed changes to alcohol excise duty on duty receipts from (a) beer, (b) cider, (c) spirits and (d) wine and sparkling wine made from fresh grapes; if he will place a copy of this assessment in the Library; and if he will make a statement.
Costings for this policy were announced at Autumn Budget 2021 and can be accessed via the following link on page 12: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1029980/Policy_Costings_Document_FINAL.pdf
The Treasury is continuing to engage with the UK wine industry on these reforms and is interested in understanding the administrative and economic impacts on businesses.
Further detail about the impact of alcohol duty reforms on industry will be included in a tax information and impact note when the policy is final, or near final, in the usual way.