| WSTA backs Tax Payers Alliance's call for end to "crippling" alcohol taxes |
| Written by Lucy Britner |
| Tuesday, 26 February 2013 13:11 |
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The WSTA has highlighted the importance of wine and spirits to the pub trade with sales accounting for 41% of the value of alcohol sold in the on-trade - a total value of £9.4bn, according to the WSTA.
All alcoholic drinks are subject to the Alcohol Duty escalator, which has increased alcohol taxation by 2% above inflation each year since 2008. This has resulted in wine taxation increasing by 50% and spirits by 44%, since 2008. It will continue until 2015 unless the Government decides to scrap it in the upcoming budget.
Wine & Spirit Trade Association chief executive, Miles Beale said: "We are facing further rises of around 5% in this year's Budget, meaning that wine taxation would have risen by 50% and spirits by 44% since 2008.
"The Alcohol Duty Escalator has had a significant impact on the wider wines and spirits industry. And any increase in alcohol duty will have an immediate impact on pubs . It is important that we send a clear message to government that the only way to support the pub industry is to scrap the Alcohol Duty Escalator immediately."
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