Budget2011: Duty on alcohol and cigarettes

Budget2011: Duty on alcohol and cigarettes

Alcohol duty to remain unchanged, as previously announced, tobacco to increase 2% above inflation

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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