Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of taxing wine according to strength on wine (a) producers and (b) vendors.
At Autumn Budget, the Chancellor confirmed that the current temporary wine easement will end as planned from 1 February 2025. By this time, the wine industry will have had over two years to adapt to the strength-based alcohol duty system. The summary of impacts from the alcohol duty reforms announced at Spring Budget 2023, including the wine easement, can be found here: Alcohol Duty Reforms - GOV.UK
HMRC plans to evaluate the impact of the new rates and structures three years after the changes took effect on 1 August 2023. The Government welcomes evidence from industry on the impact of the changes so far.