EY: Gin & Tonic drinkers miss out!

20 March 2013

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Jane Scott, personal tax specialist at EY said:

“Anyone wanting to drink something other than beer will find the price tag is rising – no tax breaks for those whose idea of a reward at the end of the day is a gin & tonic!

“Beer will not only be exempt from the general rise in alcohol duty but, with effect from 25 March 2013, there will be a reduction in duty on beer of between 0.75% for high strength beer to 6% for low strength beer.

“Perhaps the Chancellor’s choice of a glass of water by the dispatch box, rather than whisky or even the sherry and beaten egg favoured by Gladstone, has set the tone for the future direction of policy in this area.”