Alcohol tax will rise in line with RPI inflation at 3.6 per cent, while a new system to tax wines and spirits based on strength will also be introduced at the same time.
It might be the end of 'Dry January' for many, but drinkers are being warned about a sharp rise in the price of alcohol from tomorrow.
But, in some relief to drinkers, duty on draught products will be cut by 1.7 per cent - meaning a penny off a pint pulled in the pub. Alcohol tax will rise in line with RPI inflation at 3.6 per cent, while a new system to tax wines and spirits based on strength will be introduced at the same time WSTA chief executive Miles Beale said: 'The Government continues to claim that the tax hikes are part of their big plan to plug the black hole in the public finances, but a series of record-breaking tax levies are doing the exact opposite.
'We sell over 2,000 different wines each year and from February will need to know the precise ABV of each and every one before being able to calculate their full cost.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tommy Fury Opens Up About Alcohol Problem as UK Sees Record High Alcohol-Related DeathsTommy Fury candidly discusses his struggles with alcohol addiction and its role in his breakup with Molly-Mae Hague, as the UK grapples with a record number of alcohol-related deaths.
Read more »
Dry January Rebound: Navigating Alcohol After an Alcohol-Free MonthThis article explores the experiences and considerations of individuals reintroducing alcohol after a Dry January. It delves into the potential for overconsumption, the impact of lowered tolerance, and strategies for smoothly integrating alcohol back into one's lifestyle.
Read more »
Zebra Striping and Bookending: New Drinking Rules to Reduce Alcohol IntakeThis article explores two new drinking trends - zebra striping and bookending - that encourage moderate alcohol consumption. It highlights the benefits of these methods, such as reducing overall alcohol intake and saving money. The article also mentions lighter alcohol alternatives and recommends specific low-alcohol drinks.
Read more »
Alcohol-Free Beers Price Surprises: Why Zero Percent Costs MoreBritish drinkers are facing higher prices for alcohol-free beers compared to their traditional counterparts. Despite lacking alcohol content, these beverages often cost as much as or even more than alcoholic options due to production costs and the absence of alcohol tax deductions. This trend extends to alcohol-free spirits, with premium brands fetching prices exceeding £25.
Read more »
Netflix hikes prices for millions of users in key marketsNetflix is raising prices for its streaming service in the US, Canada, Argentina, and Portugal, citing reinvestment in platform improvement. The price hikes come as Netflix continues to see strong subscriber growth and profitability.
Read more »
Netflix Price Hikes Spark UK Subscription ConcernsNetflix is increasing subscription costs in several countries, including the US, Argentina, and Portugal. This has led to speculation about potential price increases in the UK, where subscribers currently pay £4.99 for Standard with Ads, £10.99 for Standard, and £17.99 for Premium. While Netflix hasn't confirmed any UK price changes, the company cites reinvestment in improving service as a reason for the global hikes. These increases follow a successful quarter for Netflix, which gained 18.9 million subscribers and boasts nearly 302 million customers worldwide.
Read more »