Beer prices cut by 3p from TONIGHT as Rishi Sunak promises cheaper wine in alcohol duty shake-up
RISHI Sunak today announced announced beer, fruit cider and rose wine will be cheaper for consumers as he revealed a shake-up of booze tax rules.
After a year-long review, the Chancellor has confirmed a major overhaul of tax on alcohol in today’s Autumn Budget.
Mr Sunak said the new system will make taxation “simpler, fairer and healthier” today’s Budget speech.
Lower strength alcohol, such as some beers, rose wine and fruit cider, will be taxed less – making it cheaper for customers.
Meanwhile, high strength booze will cost more.
Mr Sunak said: “The stronger the drink, the higher the rate.
“This means that some drinks, like stronger red wines, fortified wines, or high-strength ‘white ciders’… …will see a small increase in their rates because they are currently undertaxed given their strength”
The Chancellor also announced £11.5bn to build 180,000 affordable homes with £2bn for 160,000 new homes on brownfield land
Mr Sunak unveiled £3bn for youngsters’ bootcamps and traineeships – plus extra £500m for adults to brush up on maths
It is also expected that he will ditch a 2.84p budget hike in fuel duty — a win for The Sun’s Keep It Down campaign.
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