by Darren | Wednesday, 22 November, 2023 | Beer and Cider News, Business News, Pubs and Bars News
Beer duty will be frozen until August 2024 and business rates relief will be extended, the chancellor has announced in the Autumn Statement The key points of the statement are: Alcohol duty will be frozen until 1st August, 2024 The 75% discount on business rates up to...
by Darren | Saturday, 21 October, 2023 | Beer and Cider News, Business News, Pubs and Bars News
The Autumn Statement, to be presented in Parliament by chancellor Jeremy Hunt a month from now, will be make or break for many pubs. For some, it may already be too late to save them. During the first half of this year, 383 UK pubs shut their doors for good, according...
by Darren | Tuesday, 1 August, 2023 | Beer and Cider News
It’s 1st August and new alcohol duty levels come into play, meaning beer sold on draught in pubs and bars will have less tax than that sold in supermarkets and off-licences. But brewers will pay 10.1% more tax on bottles and cans of beer, says the British Beer...
by Darren | Wednesday, 21 June, 2023 | Beer and Cider News, Business News
While we await a drop in draught beer duty on 1st August, promised by the chancellor earlier this year, the full duty picture is more complex, says Steven Gibbs, co-founder of Durham Brewery. “Madam Deputy Speaker, British ale may be warm, but the duty on a pint is...
by Darren | Friday, 17 March, 2023 | Beer and Cider News
The chancellor has used his Budget speech to confirm that a draught duty cut for beer and cider in the on-trade will kick in from 1st August. Jeremy Hunt said the 11% reducation was possible because of Brexit, meaning the government no longer had to follow European...