Drinks groups push for 2% duty cut

Drop the Duty says a tax cut on wines and spirits would boost economy
Drop the Duty says a tax cut on wines and spirits would boost economy
THE Wine and Spirit Trade Association and Scotch Whisky Association have launched a new campaign calling for a 2% cut in alcohol duty at the next UK Budget in March.
The ‘Drop the Duty!’ campaign, supported by the TaxPayers’ Alliance, aims to build support for a 2% cut in duty on wine and spirits which, according to industry analysis by Ernst and Young, would provide a £1.5 billion boost to public finances.
“If you buy a bottle of Scotch whisky, nearly 80% of the average price you pay goes straight to the government,” said David Frost, chief executive of the Scotch Whisky Association.”This is unfair on both consumers and the Scotch whisky industry.
“New evidence shows that lowering these draconian levels of excise duty would actually boost public finances and the economy, as well as benefit consumers.”
Supporters are encouraged to visit the website at www.droptheduty.co.uk