Written question asked by Julian Sturdy (Conservative) on Wednesday, 20 March 2024, in the House of Commons. It was due for an answer on Friday, 22 March 2024. It was answered by Gareth Davies (Conservative) on Monday, 25 March 2024 on behalf of the Treasury.
Alcoholic Drinks: Excise Duties
- Question
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To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of reducing alcohol duty for independent wine merchants.
- Answer
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At Spring Budget 2024, the Chancellor announced that alcohol duty will be frozen until 1 February 2025 to support alcohol producers, pubs, and consumers with cost of living pressures. This extends the six month freeze the Government announced at Autumn Statement 2023 to give businesses time to adapt to the new duty system introduced on 1 August 2023.
As with all taxes, the Government keeps the alcohol duty system under review during its yearly Budget process.
Secondary information
- Type
- Written question
- Reference
- 19611
- Session
- 2023-24
- Subjects
- Alcoholic drinks Excise duties Retail trade
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-03-25 14:45:18 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/19611
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/19611
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