The Treasury has been reviewing Small Brewers Relief since 2018. As announced to Parliament in July, the Treasury has concluded the first stage of the review and set out its findings.
The Treasury continues to work with industry on the impact of those changes and will consult later this year on further aspects of reforming the relief, including the shape of the new taper. Responses to the consultation will allow for more detailed assessment of the impact of the changes and the results of the consultation will help determine what rate of duty relief breweries will be entitled to as they grow.
In order to provide time for brewers to adapt, final changes will not come into effect until at least 1 January 2022.