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23 Mar 2011
THE CHANCELLOR has announced that there will be no changes to alcohol duty other than what was previously announced but tobacco will increase 2% above inflation.
As previously announced the duty on alcohol will increase on the strongest beers.
Tobacco will increase 2% above inflation effective from 6pm tonight.
However, the Chancellor is closing the regime to narrow the difference in price among cheaper tobacco and more expensive ones.
Follow the Budget as it happens at accountancyage.com/tag/budget
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