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Published on: 26/03/2010 10:52:00 |
Tariff / CHIEF STOP PRESS 12/10
PLEASE SEE BELOW CHANGES FOR ALCOHOL DUTY RATES WITH EFFECT ON AND AFTER 29TH MARCH 2010
WHO IS LIKELY TO BE AFFECTED?
1. MANUFACTURERS, IMPORTERS, DISTRIBUTORS, RETAILERS AND CONSUMERS OF ALCOHOL PRODUCTS (SPIRITS, BEER, CIDER, WINE AND MADE-WINE).
GENERAL DESCRIPTION OF THE MEASURE
2. LEGISLATION WILL BE INTRODUCED IN THE FINANCE BILL 2010 TO PROVIDE FOR THE ANNUAL SETTING OF DUTY RATES FOR ALCOHOL. DUTY RATES FOR ALL STILL CIDERS AND SPARKLING CIDER EXCEEDING 1.2 PER CENT ALCOHOL BY VOLUME (ABV) BUT NOT EXCEEDING 5.5 PER CENT ABV, WILL INCREASE BY 10 PER CENT ABOVE INFLATION. DUTY RATES FOR ALL OTHER ALCOHOLIC DRINKS WILL RISE BY 2 PER CENT ABOVE INFLATION. THE IMPACT OF THE CHARGES ON RETAIL PRICES FOR TYPICAL ALCOHOLIC DRINKS IS EQUIVALENT TO:
36 PENCE ON A 70CL BOTTLE OF SPIRITS @ 37.5 PER CENT ABV;
2 PENCE ON A PINT OF BEER;
5 PENCE ON A LITRE OF STILL CIDER;
9 PENCE ON A 75CL BOTTLE OF SPARKLING CIDER;
10 PENCE ON A 75CL BOTTLE OF WINE OR MADE-WINE; AND,
12 PENCE ON A 75CL BOTTLE OF SPARKLING WINE
THE SMALL BREWERS RELIEF SCHEME WILL CONTINUE TO PROVIDE 50 PER CENT DUTY RELIEF TO THE SMALLEST BREWERS.
OPERATIVE DATE
3. THESE CHARGES WILL HAVE EFFECT ON AND AFTER 29TH MARCH 2010.
CURRENT LAW AND PROPOSED REVISIONS
5. THE ALCOHOLIC LIQUOR DUTIES ACT 1979 AND THE HM REVENUE & CUSTOMS TARIFF WILL BE AMENDED TO EFFECT THE CHANGES.
FURTHER ADVICE
6. IF YOU HAVE ANY QUESTIONS ABOUT THIS CHANGE, PLEASE CONTACT THE NATIONAL ADVICE SERVICE ON 0845 010 9000. INFORMATION ABOUT BUDGET MEASURES IS AVAILABLE ON THE HM REVENUE & CUSTOMS WEBSITE AT www.hmrc.gov.uk
For further information, contact sales at Impatex on 0870 872 2770 or use our contact form.
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