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Better deal for pubs

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BUSINESS EXTRA

BUSINESS EXTRA

with an ABV of less than 8.5 per cent will be eligible for reduced rates if they produce less than 4,500 hectolitres per year, Davis said.

Recognising pubs’ vital community role, Draught Relief will reduce Alcohol

Red to black

AO WORLD returned to profit thanks to an economy drive, prompting the electrical retailer to predict a return to sales growth in the coming year.

The Bolton­based company, listed on the London Stock Exchange, now operates in the UK after previously operating in Germany and the Netherlands.

alcohol duty system works for us,” Davies said.

After listening to feedback from industry, economists, public health groups and business owners, the new Alcohol Duty system based on taxing alcoholic products by strength ensures consistency for the first time.

Six standardised alcohol duty bands across all types of alcoholic products apply to all UK individuals and businesses involved in making, distributing, holding and selling alcohol.

All small businesses producing alcoholic products

Duty on qualifying beer and cider by 9.2 per cent and by 23 per cent on qualifying wine­based, spirits­based and other fermented products sold in pubs and restaurants.

Every pint in every pub across the UK will pay less duty than their supermarket equivalent, in line with the government’s Brexit Pubs Guarantee.

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