Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate his Department has made of the fiscal impact of the planned changes to alcohol duty from August 2023.
The purpose of the Treasury's alcohol duty reforms is not to raise revenue; it will cost approximately £100 million per year.
The fiscal impact of the reforms to alcohol duties announced at Autumn Budget 2021 are set out in Table 5.1 of the Autumn Budget and Spending Review 2021 document and have been certified by the Office for Budget Responsibility.
Further detail can be found in the policy costings document published alongside Autumn Budget and Spending Review 2021.