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The changes to the Alcohol Duty structure and the new reliefs took effect on 1 August 2023.
The changes to the Alcohol Duty structure and the new reliefs took effect on 1 August 2023. These include:
See: Alcohol Duty from 1 August 2023 - GOV.UK (www.gov.uk)
06 Feb 2024
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
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