The way you calculate Alcohol Duty will change on 1 August 2023.
Also, 2 new reliefs will be introduced for:
Individuals and businesses involved in the manufacture, distribution, holding, sale and consumption of alcoholic products are likely to be affected.
As announced at Spring Budget 2023, the government will increase the duty rates under the revised duty structure for alcohol products being introduced from 1 August 2023 in line with the Retail Price Index (RPI). This includes all alcoholic products produced in, or imported into, the UK.
The government will also increase the value of Draught Relief from 5% to 9.2% for qualifying beer and cider products and from 20% to 23% for qualifying wine, other fermented products (previously made-wine) and spirits.
All changes will take effect from 1 August 2023.
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