Trade Resources Industry Views A Campaign Calls for a Reduced Duty on Alcohol to Facilitate The Growth of The Industry

A Campaign Calls for a Reduced Duty on Alcohol to Facilitate The Growth of The Industry

Small distillers from across the UK are supporting the 'Drop the Duty!' campaign, which calls for a reduced duty on alcohol in order to facilitate the growth of the industry. This campaign is run by Scotch Whisky Association (SWA) Wine and Spirit Trade Association (WSTA) and supported by the TaxPayers' Alliance.

Distillers Back SWA's Call to Cut Duty on Alcohol in UK

The Drop the Duty! campaign calls for a 2% cut in alcohol duty at the next UK Budget in March 2015.

A 2% reduction in duty would provide an additional £1.5bn to the UK Treasury through increased investment across the industry, greater income from corporation tax and VAT, and from the benefits of jobs created in pubs, bars, and the wider supply chain.

Craft Distillers' Alliance director Dom Roskrow said: "The UK spirits industry has grown rapidly over the last 18 months largely due to the successes of craft distillers. Up and down the country there are small distilleries creating jobs, boosting tourism and raising tax revenue in towns and cities.

"The government should be doing all it can to develop and encourage growth in this industry rather than focusing on punitive tax measures."

Currently, consumers across the country pay close to 80% tax on an average priced bottle of spirits and almost 60% on an average priced bottle of wine.

British public is also against this tax, with 84% saying that this level of tax on Scotch Whisky and other spirits is unfair, claims SWA.

SWA CEO David Frost added: "Small distillers and British consumers are being unfairly penalised. Not only is the spirits tax rate the fourth highest in the European Union, it is double the rate applied in France and two and a half times higher than in Germany.

"We are calling on the Chancellor to build on last year's duty freeze to support an important, home-grown industry."

Image: Currently, consumers across the country pay close to 80% tax on an average priced bottle of spirits and almost 60% on an average priced bottle of wine. Photo: courtesy of digitalart / freedigitalphotos.

Source: http://www.drinks-business-review.com/news/distillers-back-swas-call-to-cut-duty-on-alcohol-in-uk-220115-4494119
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Distillers Back SWA's Call to Cut Duty on Alcohol in UK