HMRC officials say that 'every pint in every pub across the UK' will be subject to less tax from next month, August 1. From August 1, the biggest Alcohol Duty reforms in 140 years will take effect.
As reported by the Liverpool Echo, the new rates will see all alcoholic drinks taxed by their alcohol by volume (ABV) rather than coming under four categories (beer, cider, spirits and wine). It will make the system fairer and responsive to new products entering the market as "consumer tastes evolve", HMRC said.
The change means that small producers, such as pubs and restaurants, will benefit from reduced rates on qualifying products, such as draught beer and cider. Exchequer Secretary to the Treasury Gareth Davies said: “Because we left the EU we can make sure our alcohol duty system works for us.
