Excise Duties: Wines

(asked on 24th September 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to reduce the excise duty on (a) wine, (b) sparkling wines and (c) fortified wines.


Answered by
Simon Clarke Portrait
Simon Clarke
This question was answered on 2nd October 2019

The actions taken by the Government since ending the wine duty escalator in 2014 have ensured that the price of typical bottle of wine is 16p lower in real terms than it otherwise would have been.

However, alcohol duties raise vital revenue to fund public services, and in order to protect the public finances, an RPI increase in duty rates is assumed in the public finances for all alcoholic drinks each year. All taxes are kept under review and the impact of a change to wine duty is considered at each Budget.

Reticulating Splines