Alcoholic Drinks: Excise Duties
(asked on 7th November 2017) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what estimate they have made of the loss to the Exchequer resulting from the removal of the Alcohol Duty Escalator.
The government ended the alcohol duty escalator for beer in 2013, and for cider, wine and spirits in 2014. The impact of ending the duty escalator on government revenues can be found in Table 2.1 of the Budget documents from 2013 and 2014, reproduced below. These are central estimates certified by the independent Office for Budget Responsibility.
| £ million | |||||
2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | |
2013: 1p off pint of beer and abolish escalator in 2014-15 | -170 | -215 | -210 | -205 | -205 |
|
2014: 1p off pint of beer and freeze cider duty |
| -110 | -110 | -110 | -110 | -110 |
2014: freeze spirits duty and abolish wine escalator |
| -175 | -185 | -195 | -205 | -215 |