Whisky: Scotland
(asked on 24th July 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the impact of the increase in alcohol duty for spirits introduced in 2023 on the Scotch whisky industry.
This question was answered on 29th July 2024
On 1 August 2023, spirits duty rates were increased in line with inflation, after 6 years of consecutive freezes. Duty is currently frozen until 1 February 2025.
The Government is closely monitoring the impact of the recent reforms and rates that took effect on 1 August 2023.
The Chancellor makes decisions on tax policy at fiscal events.