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Wines: Excise Duties

Asked by Marie GoldmanLiberal DemocratTreasuryTabled Answered 26 November 2024UIN 14800

The question

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

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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