In a move hailed as a relief for the alcohol industry, Chancellor of the Exchequer Jeremy Hunt has announced a freeze on alcohol duty in the Autumn Statement. Hunt emphasized the Treasury's commitment to reducing taxes and alleviating the pressure of inflation, predicting a decrease to 2.8% by the
With The Chancellor’s (Jeremy Hunt) Spring Budget announced a cry of outrage went up from whisky fans all over the world as it directly opposes government’s pledge to “ensure the tax system is supporting Scottish whisky” The Chancellor, Jeremy Hunt Announced in the Spring Budget that there w
On Friday September 23rd 2022, chancellor Kwasi Kwarteng announced that the plans to increase the duty on alcohol (spirits, beer, cider, and wine) will be canceled. This news comes as part of an overall mini-budget which is an economic policy announcement by the new prime minister Liz Truss which
