Alcoholic Drinks: Excise Duties

Treasury written question – answered on 29th October 2019.

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Photo of Baroness Hayter of Kentish Town Baroness Hayter of Kentish Town Shadow Deputy Leader of the House of Lords

To ask Her Majesty's Government what assessment they have made of the report by the Fraser of Allander Institute Economic Perspectives: Could a reduction in alcohol consumption be good news for the UK economy?, published in June 2018, in particular its finding that an increase in alcohol taxes could boost national income and create 17,000 jobs; and what steps, if any, they intend to take in response to that finding.

Photo of Baroness Hayter of Kentish Town Baroness Hayter of Kentish Town Shadow Deputy Leader of the House of Lords

To ask Her Majesty's Government what assessment they have made of the impact of raising alcohol duty on Her Majesty's Treasury’s income.

Photo of The Earl of Courtown The Earl of Courtown Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)

All taxes are kept under review and the impact of a change to alcohol duty is considered at each fiscal event, including its effect on jobs and the wider economy. HMRC publishes a Tax Information Impact Note explaining the impact of the change, each time a duty rate is amended.

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