Treasury written question – answered on 21st March 2023.
To ask the Chancellor of the Exchequer, if he will make an estimate of the additional tax revenue that will be generated in (a) 2023-24, (b) 2024-25, (c) 2025-26, (d) 2026-27 and (e) 2027-28 from the August 2023 increase in duty on sprits.
As announced at Spring Budget 2023, in line with the Government’s plan to manage the UK economy responsibly, the Government is uprating the previously published reform rates and structures by RPI from 1 August 2023.
However, recognising the vital role pubs play in our communities, the Government will ensure the duty on an average draught pint of beer served in a pub does not increase.
Exchequer impacts of this measure are set out in Table 4.1 of Spring Budget 2023 and have been certified by the Office for Budget Responsibility. More details can be found in the policy costings document published alongside Spring Budget 2023.
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