Price of beer, wine and spirits frozen after planned duty increase was scrapped

South Africa News News

Price of beer, wine and spirits frozen after planned duty increase was scrapped
South Africa Latest News,South Africa Headlines
  • 📰 MetroUK
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 82%

BREAKING: Planned duty increase for beer, cider, wine and spirits axed in mini budget.

confirmed he will be cancelling planned increases in duty rate rises for beer, wine and spirits.The Chancellor announced an 18-month transitional measure for wine duty.

The government will also extend draught relief to cover smaller kegs of 20 litres and above, ‘to help smaller breweries’. He also said the planned increases in the duty rates for beer, cider, wine, and spirits will all be cancelled, he added.supports HTML5 video He said: ‘I have listened to industry concerns about the ongoing reforms. I will therefore introduce an 18-month transitional measure for wine duty. I will also extend draught relief to cover smaller kegs of 20 litres and above, to help smaller breweries.‘So I can announce that the planned increases in the duty rates for beer, for cider, for wine, and for spirits will all be cancelled.

The end of the measure was confirmed as part of Mr Kwarteng’s so-called mini-budget aimed at bouncing back from the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MetroUK /  🏆 13. in UK

South Africa Latest News, South Africa Headlines



Render Time: 2025-04-07 23:04:10