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Chancellor announces overhaul of alcohol tax system - what it means for the price of booze
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manchestereveningnews.co.uk
manchestereveningnews.co.ukThe chancellor has announced a major overhaul of the alcohol tax system, which will see drinks such as prosecco and fruit cider come down in price, while others may become more expensive.
Changes will also see the price of a pint in the pub slashed by 3p, and a planned increase in duty on spirits such as Scotch whisky, wine, cider and beer cancelled.
Rishi Sunak explained that the way alcohol is taxed will be made fairer and more straightforward as he announced a series of changes during his Autumn Budget this afternoon.
The teetotaler said the system, which dates back to 1643, was “outdated, complex and full of historical anomalies”. READ MORE: Seven key announcements from the 2021 Autumn Budget and what it means for you A new system,
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