The price of every alcoholic drink in the country is to change from August 1 with a complete reform of Alcohol Duty - the tax HMRC adds to the price of every pint, shot, glass, can and bottle of booze. It is the biggest change to the way Alcohol Duty is calculated in 140 years, and will change the price of every drink you buy in a pub or restaurant, or in a shop.
HMRC said it will make the system fairer - replacing the current system of a 'flat' fee added to drinks based on whether they are beer, wine, cider or spirits. Instead the new rate takes into account the strength of the drink - their ABV, reports The Echo.
Treasury minister Gareth Davies said: “Because we left the EU we can make sure our alcohol duty system works for us. From next month the whole system will be simpler, the duty will reflect the strength of the drink. We will also protect pubs and brewers with our Brexit Pubs Guarantee keeping Draught Duty down, and a new Small Producer Relief."
