Sunak unveils overhaul of alcohol duty and tax cuts on some drinks. Budget: drinks to be taxed in line with alcohol content, as part of ‘radical simplification’ of systemBudget 2021: key points at a glancePolitics live updates: reaction to the budgetTaxes on draught beer and prosecco will be slashed after the chancellor announced sweeping changes to alcohol duty that reward lower-strength drinks.Announcing the move, Rishi Sunak, who is teetotal, said the UK’s 380 year old system of alcohol duty was “outdated, complex and full of historical anomalies”. Continue reading… https://ift.tt/3Bj15c0
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