Posted: Wed Mar 16, 2011 12:55 pm Post subject: SWA Call For Government Backing in Budget
The SWA is calling for a freeze on spirits duty in next week's Budget (23rd March 2011) as a first step to introducing a fairer and more responsible system of alcohol taxation.
The industry's submission to the Treasury highlights that Scotch Whisky:
Faces discrimination in the excise duty system so that consumers pay up to 250% more tax for choosing Scotch Whisky than other drinks.
An anticipated 6.6% duty rise will adversely affect distillers who have already been hit by duty increases of over 20% since 2008, while delivering little added Government revenue.
Remains one of the UK's top exports, accounting for almost 25% of all UK food & drink exports and earning £99 every second for the balance of trade
Has faced a 100% increase in cereal prices and 30% increase in energy prices, impacting local producers, including many small businesses.
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