Wines: Excise Duties

(asked on 18th November 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of proposed changes to alcohol duty on the wine industry.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 26th November 2024

At the recent Budget, the Chancellor announced that she would uprate alcohol duty in line with RPI inflation on 1 February 2025, except on qualifying draught products. This decision weighed the impacts on businesses, cost-of-living pressures on people who drink moderately and responsibly, and the public health case for higher duties to tackle increasing alcohol-related deaths, as well as economic inactivity.

A Tax Information and Impact Note was published alongside this Budget announcement. This is available here: Alcohol Duty uprating - GOV.UK

The Budget also confirmed that the current temporary wine easement will end as planned from 1 February 2025. By this time, the wine industry will have had over two years to adapt to the strength-based alcohol duty system. The summary of impacts from the alcohol duty reforms announced at Spring Budget 2023, including the wine easement, can be found here: Alcohol Duty Reforms - GOV.UK

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