The freeze is over……. Chancellor’s Wine Tax Rise starts today

01 Feb

Whilst other alcohol products saw a freeze in the autumn 2018 budget, the Chancellor Philip Hammond  announced an inflationary linked tax rise on wine.

The Wine and Spirit Trade Association has warned consumers the 3.1% rise will start today and they have calculated that the price of a bottle of wine will go up by 7p, sparkling wine 9p and an average priced bottle of fortified wine will also go up 9p. This does not include VAT.

Law correct at the date of publication.
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