Alcohol Duty: rate changes - GOV.UK
https://www.gov.uk/government/publications/changes-to-alcohol-duty-rates/alcohol-duty-rate-changes
Who Is Likely to Be AffectedGeneral Description of The MeasurePolicy ObjectiveBackground to The MeasureDetailed ProposalSummary of ImpactsExchequer impactThe table below outlines the exchequer impact of the extension of the freeze to current duty rates from 1 February 2023 to 1 August 2023; increase in non-draught alcohol duties uprated by RPIon 1 August 2023; and the value of Draught Relief from 5% to 9.2% on qualifying beer and cider; a…Economic impactThe measure will have a direct effect on the consumer price index (CPI). In their March 2023 Economic and Fiscal Outlook (EFO), the Office for Budget Responsibility (OBR) have estimated a marginal reduction in the CPIinflation rate in 2023 to 2024 which will partially unwind in 2024 an…See more on gov.ukExplore further Exchequer impactThe table below outlines the exchequer impact of the extension of the freeze to current duty rates from 1 February 2023 to 1 August 2023; increase in non-draught alcohol duties uprated by RPIon 1 August 2023; and the value of Draught Relief from 5% to 9.2% on qualifying beer and cider; a… Economic impactThe measure will have a direct effect on the consumer price index (CPI). In their March 2023 Economic and Fiscal Outlook (EFO), the Office for Budget Responsibility (OBR) have estimated a marginal reduction in the CPIinflation rate in 2023 to 2024 which will partially unwind in 2024 an…
Exchequer impactThe table below outlines the exchequer impact of the extension of the freeze to current duty rates from 1 February 2023 to 1 August 2023; increase in non-draught alcohol duties uprated by RPIon 1 August 2023; and the value of Draught Relief from 5% to 9.2% on qualifying beer and cider; a…
Economic impactThe measure will have a direct effect on the consumer price index (CPI). In their March 2023 Economic and Fiscal Outlook (EFO), the Office for Budget Responsibility (OBR) have estimated a marginal reduction in the CPIinflation rate in 2023 to 2024 which will partially unwind in 2024 an…
DA: 95 PA: 75 MOZ Rank: 12