Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect of increases in the level of alcohol duty on international wine trading in the UK.
The Government published a Tax Information and Impact Note setting out the assessment of impacts from changes to the duty rates made at the Spring Budget 2023. The wine industry has benefitted from freezes at 4 out of the last 5 fiscal events.
As with all taxes, the Government keeps the alcohol duty system under review and welcomes representations from stakeholders to inform policy development.