TaxAdministrationBUDGET 2002: Chancellor brings in duty freeze

BUDGET 2002: Chancellor brings in duty freeze

The chancellor has frozen duty on a variety of goods but increased tax on cigarettes.

In a surprise move, the chancellor announced a freeze on duty on wine, beer and spirits, as well as fuel and car licenses.

But he added that, in the interest of public health, he would keep the duty on cigarettes at inflation level, that is 6 pence per packet of 20.

He also said he would exempt estates below £25,000 from inheritance tax.

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