Alcoholic Drinks: Excise Duties

Treasury written question – answered at on 3 December 2024.

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Photo of Cat Smith Cat Smith Chair, Procedure Committee, Chair, Procedure Committee

To ask the Chancellor of the Exchequer, what estimate she has made of total cost to the Treasury of changes to alcohol duty rates in each year since 2013; and if she will make an estimate of the total cost of such changes in each year to 2030.

Photo of James Murray James Murray The Exchequer Secretary

Since 2013, cuts and freezes to alcohol duty have cost the Exchequer £15 billion in total, in comparison to if the rates had increased annually in line with RPI as forecasted by the Office of Budget Responsibility (OBR).

All changes to alcohol duty rates are announced at fiscal events and accompanied by Tax Information and Impact Notes containing policy costings, alongside other published documents.

The Autumn Budget 2024 policy costing for alcohol duty includes data until 2029. This can be found here: Alcohol Duty - GOV.UK

Further information regarding policy costings and alcohol duty receipt forecasts can be found using the OBR Economic and Fiscal Outlook: Economic and fiscal outlook – October 2024 - Office for Budget Responsibility

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