Spirits: Prices

(asked on 19th October 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the Brexit Pubs Guarantee on the price of spirits in pubs.


Answered by
Gareth Davies Portrait
Gareth Davies
Exchequer Secretary (HM Treasury)
This question was answered on 25th October 2023

The Government publishes tax information and impact notes (TIINs) for tax policy changes when the policy is final or near final. The summary of impacts from the latest changes to alcohol duty at Spring Budget 2023 can be found here: https://www.gov.uk/government/publications/increase-in-alcohol-duty-rates/alcohol-duty-uprating

The Government will evaluate the impact of the new rates and structures three years after the changes. Which came into place 1 August 2023. This will allow time to understand the impacts in the alcohol market and for HMRC to gather useful and accurate data with which to evaluate.

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