SWA urges freeze on spirits duty

22 February, 2008

The Scotch Whisky Association has warned the Treasury

a duty freeze on spirits is "crucial" to safeguard the future of the industry.

SWA chief executive Gavin Hewitt discussed the association's 2008 Budget submission with Treasury Secretary Angela Eagle at a meeting on Wednesday.

A 10-year duty freeze on spirits and a government under pressure to find a solution to binge drinking

has led to speculation that Chancellor Al istair Darling will

hike up duty on all alcohol in this year's Budget announcement on March 12.

SWA spokesman David Williamson said increasing duty on Scotch would be "ineffective and unjustified" because duty already makes up more than 71 per cent of the price of whisky.

He said: "Alcohol duty in the UK is among the highest in the world, so if high duty rates were the solution we wouldn't be having these problems."




Bookmark this


Site Search

COMMENT

Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
total a

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter