 |
answer text |
<p>As part of the new alcohol duty system, the Government introduced the temporary
wine easement. During this period, all wine between 11.5-14.5% alcohol by volume (ABV)
will pay duty as if it were 12.5% ABV. The temporary wine easement will last until
1 February 2025, giving the wine industry over two years to adapt to the new system.</p><p>
</p><p>The Government is closely monitoring the impact of the recent reforms and will
evaluate the impact of the new rates and structures three years after the changes
took effect on 1 August 2023. This will allow time to understand the impacts on the
alcohol market, and for HMRC to gather useful and accurate data with which to evaluate
the effects of the reform.</p><p>As with all taxes, the Government keeps the alcohol
duty system under review during its yearly Budget process.</p><p> </p><p> </p>
|
 |
