m81 – New duty on wine in the UK is effective from the beginning of this month. Now there is no difference between still and sparkling wines, and excise duty on alcohol is applied proportionally to the strength of wines. Most wines, which have strength between 11.5% and 14.5% of alcohol by volume, will be carrying tax liability for GBP 2.68+VAT per bottle, representing an increase of 19.7% compared to the previous tax rate of GBP 2.24+VAT per bottle. Duty on sparkling wines has instead been reduced from GBP 2.86+VAT to GBP 2.68 or 2.36+VAT depending on the strength.
top of page
bottom of page
Comments