HM TREASURY News
Release (PN/127/08) issued by COI News Distribution Service. 26
November 2008
In the Pre-Budget
Report on Monday 24 November, the Government announced that it
would increase duties on tax paid on tobacco, alcohol and petrol
to offset the temporary cut in VAT to 15 per cent so that prices
remained broadly unchanged.
The Government is today making an order to amend the previously
announced increase in the rate for spirits from 8 percent to 4
percent, to leave spirits in broadly the same position as other
alcoholic products. Orders giving effect to these changes have
been laid before Parliament.
Notes for Editors
1. The Alcoholic Liquor (Surcharge on
Spirits Duty) Order 2008 was laid on 26 November 2008. This order,
together with the Alcoholic Liquor Duties (Surcharges) and Tobacco
Products Duty Order 2008 (S.I. 2008/3026) laid on 24 November 2008
will give effect to the rate increases below.
2. Details of the new duty rates for alcohol are available at http://www.hmrc.gov.uk/pbr2008/pbrn28.pdf
Non-media enquiries should be addressed to the Treasury
Correspondence and Enquiry Unit on 020 7270 4558 or by e-mail to public.enquiries@hm-treasury.gov.uk
This Press Release and other Treasury publications are available
on the HM Treasury website hm-treasury.gov.uk
For the latest information from HM Treasury you can subscribe to
our RSS feeds or email service.