| View previous topic :: View next topic |
| Author |
Message |
William
Administrator
Joined: 10 Apr 2006
Posts: 4059
Location: Scotland
|
 Posted: Wed Mar 23, 2011 4:39 pm Post subject: Whisky 2011 Budget |
 |
|
The Chancellor has increased the price of a bottle of whisky by 59p in todays budget.
Today's duty rise increases the duty on a 70cl bottle from £6.66 to £7.15. With VAT (20%) charged on that extra duty, the total tax uplift on each bottle is 59p. The current average price of a 70cl bottle of Blended Scotch Whisky in the UK is £11.27.
The Scotch Whisky Association said that the 7.2% increase in spirits duty will penalise Scotch Whisky drinkers and distillers.
Read the Scotch Whisky Associations response to the 2011 budget here:
www.scotchmaltwhisky.co.uk/whiskybudget2011.htm |
|
| Back to top |
|
 |
|
|
|
Alexppp
Master Of Malts
Joined: 16 Jul 2010
Posts: 1791
|
| Posted: Wed Mar 23, 2011 5:11 pm Post subject: |
|
|
| Is it effective immediately? |
|
| Back to top |
|
|
Archer
Master Of Malts
Joined: 06 Oct 2009
Posts: 1531
|
| Posted: Wed Mar 23, 2011 7:01 pm Post subject: |
|
|
I may be wrong but the excise duty is payable on whisky when it leaves the bonded warehouse to be bottled so the increase shouldnt effect whisky already bottled but will affect whisky which will be bottled from today. So we would gradually see the increase as shops restock. I think  |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Register
Profile
Log in to check your private messages
Log in
