There is still time to make sure your voice is heard in the industry’s bid to get the Chancellor to finally Call Time On Duty and scrap the duty escalator on wine and spirits in the 2014 Budget. Harpers has teamed up the Wine & Spirit Trade Association to give wine producers and drinks manufacturers the chance to take part in the Call Time On Duty campaign and make the government aware of the serious concerns they have about the alcohol duty levels in the UK. Here’s how you and your supplier can get involved.
Ask your MP to tell the Chancellor: CALL TIME ON YOUR ALCOHOL SUPER TAX! We have drafted an open letter for producers of wine and spirits to give their support to an industry-wide campaign to get the Chancellor of the Exchequer to halt the duty escalator of alcohol in the 2014 Budget.Producer Letter Letter to your MP
The campaign is centred on a report by Ernst & Young that has found that ending the escalator will bring £230m to the Treasury and create 6,000 jobs. Harpers Subscribers can log in and read the report, click here.
Scrapping the duty escalator and freezing spirits duty will boost the wine and spirits trade to the tune of £175 million, says the Wine & Spirit Trade Association (WSTA).
Not to sound the pessimistic klaxon over what’s gone down in today’s Budget, but once the dust settles on what the trade has bid a roundly successful announcement (end to alcohol duty escalator, spirits and cider duty frozen and beer duty cut), let’s pause for a moment to think about what’s happened with wine.
Robin Copestick, co-founder of UK wine agency Copestick Murray, has sounded a warning shot about the Chancellor’s decision to scrap the duty escalator in today’s Budget and fears suppliers will be forced to take on the costs of inflationary duty increases rather than the higher costs under the escalator that were easier to pass on to consumers.