Britain helps pubs by raising 'draught relief' on beer
15/03/2023 12:40
LONDON, March 15 (Reuters) - Britain's finance minister
Jeremy Hunt offered extra help to pubs by reducing the tax paid
on draught beers and ciders, resulting in the duty paid on a
pint served in a bar undercutting the rate paid by supermarkets
by up to 11 pence.
"In December, I extended the alcohol duty freeze until 1
August, after which duties will go up in line with inflation in
the usual way," Hunt told parliament in his budget statement.
"But today, I will do something that was not possible when
we were in the EU and significantly increase the generosity of
Draught Relief, so that from 1 August the duty on draught
products in pubs will be up to 11p lower than the duty in
supermarkets, a differential we will maintain as part of a new
Brexit pubs guarantee."
(Reporting by David Milliken, Writing by Paul Sandle)
((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters
Messaging: paul.sandle.thomsonreuters.com@reuters.net))