SWA welcomes duty decrease

Written by Claire Weekes
Thursday, 27 November 2008
Scotch whisky distillers have welcomed the Government's clarification of changes to the excise duty on spirits, following this week's pre-Budget report. Draft legislation published yesterday raises excise duty by 4% rather than the originally proposed 8%. On the basis of the revised figures, taking into account a temporary 2.5% cut in VAT, the overall duty burden on scotch whisky will now remain broadly unchanged. Gavin Hewitt, chief executive of The Scotch Whisky Association (SWA), said: "The SWA welcomes the government's quick and positive action to ensure that the overall duty burden faced by scotch whisky in its home market remains broadly unchanged as a result of this week's pre-Budget report. This is a good signal to our many overseas markets." Related Articles 26 Nov 2008 - Government U-turns on duty hike for spirits 25 Nov 2008 - Industry fury at pre-Budget duty rise 24 Nov 2008 - Alcohol duty set to rise as VAT rate slashed Share This Email This Comments (0) Show/Hide comments Write comment Show/Hide comment form Name Email Comment smaller \| bigger Subscribe via email (Registered users only) I have read and agree to the Terms of Usage. Write the displayed characters Similar news items: 01 Jul 2009 - Scotch wins after talking Turkey 26 Jun 2009 - Vivat Bacchus introduce new restaurant line u… 17 Jun 2009 - Fresh crackdown on binge-drinking teens 16 Jun 2009 - Stirrings thickens up Diageo portfolio 12 Jun 2009 - SWA refused appeal in Canadian whisky row 03 Jun 2009 - Scotch distillers unveil green agenda 28 May 2009 - Irish sales down as drinkers head north 07 May 2009 - Jeremy Beadles comment on Budget 2009 26 Mar 2009 - Jeremy Beadles column March 2009 17 Mar 2009 - Drinks chiefs meet Mandelson and Chancellor