Mar 11, 2020
Budget 2020: Drinks tax frozen as distilleries get boost
Rishi Sunak has offered a cocktail of measures to boost the spirits of pubs and drinkers affected by coronavirus and economic uncertainty. The chancellor scrapped a planned increase in duty on beer and spirits, while tax on all other kinds of alcoholic drinks will also be frozen. There will also be a £10m fund to help distilleries go green and £1m for Scotch whisky firms. The 2020 Budget has offered an unexpected windfall for the alcohol industry, including tax breaks and cash giveaways. Planned tax rises on beer and spirits were also scrapped, as part of a freezing on duty across all alcoholic drinks.
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