The chancellor has confirmed the Treasury has frozen taxes on beer, cider and spirits for another year – a move announced in last year’s Budget. The duty on wine will raise with the rate of inflation.
The government estimates that alcohol duty cuts and freezes over the last six years have provided £4.4 billion of support to pubs and drinks industry.
The freeze means that a typical pint of beer will be 14p cheaper than if taxes had risen in line with inflation. The Society of Independent Brewers also estimates that a rise in line with inflation would have resulted in a £100 million hit to Britain’s brewers.
CAMRA chief executive Tom Stainer said: “We are delighted that the duty freeze announced in the Autumn Budget will today come into effect. In supporting a freeze, the Chancellor is recognising the value of the beer and pub sector, and helping to stem price increases in pints for consumers across the country.
“However, this is not the only way in which the government can help consumers. Pubs are still closing at an alarming rate, which means that there are fewer places to enjoy British beer. CAMRA would like to see business rates reform and a Pubs Code that works for tenants to ensure a thriving pub industry.”
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