PARLIAMENTARY WRITTEN QUESTION
Wines: Excise Duties (24 October 2024)

Question Asked

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the withdrawal of the temporary easement for wine on the supply chain for UK-based importers.

Asked by:
Wera Hobhouse (Liberal Democrat)

Answer

In August 2023 the Government introduced reforms to alcohol duty so that products are taxed in proportion to their alcoholic strength, not volume.

To help the wine industry adapt to the new duty system, the current, temporary duty easement was introduced as a transitional measure, which was intended to allow time for wine producers to adapt to calculating duty based on alcohol by volume.

By the end-date of 31 January 2025, the wine industry will have had over two years to adapt to the new strength-based system.

The Government publishes tax information and impact notes (TIINs) for tax policy changes. The summary of impacts from the changes to alcohol duty announced at Spring Budget 2023, including the wine easement, can be found here: Reform of Alcohol Duty Rates and Reliefs - GOV.UK


Answered by:
James Murray (Labour)
31 October 2024

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.