Treasury written question – answered at on 13 May 2022.
Owen Thompson
SNP Chief Whip
To ask the Chancellor of the exchequer, how many small producers that produce multiple alcoholic products will be effected by the introduction of small producer relief.
Helen Whately
The Exchequer Secretary
The Government intends to introduce a new Small Producers Relief to replace the existing Small Brewers Relief. The new relief will include beer, cider, wine and spirits-based drinks below 8.5% alcohol by volume (ABV). It aims to encourage innovation and remove barriers growth for small producers.
This change will benefit hundreds of small producers across the UK by giving them access to reduce rates for the first time, across a wider range of products.
Yes1 person thinks so
No0 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
