TaxPersonal TaxBudget2011: 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


Related Articles

Spring Budget leaves HNWIs considering their options

Personal Tax Spring Budget leaves HNWIs considering their options

9m Emma Smith, Managing Editor
Delay to NICs increase a ‘partial U-turn’, says McDonnell

Personal Tax Delay to NICs increase a ‘partial U-turn’, says McDonnell

9m Emma Smith, Managing Editor
Top five takeaways from Spring Budget 2017

Corporate Tax Top five takeaways from Spring Budget 2017

9m Emma Smith, Managing Editor
Live blog: Spring Budget 2017

Corporate Tax Live blog: Spring Budget 2017

9m Accountancy Age editorial
Top five talking points for Spring Budget 2017

Corporate Tax Top five talking points for Spring Budget 2017

9m Emma Smith, Managing Editor
Income tax reduction top priority for businesses in Spring Budget

Corporate Tax Income tax reduction top priority for businesses in Spring Budget

9m Emma Smith, Managing Editor
What can we expect from Spring Budget 2017?

Corporate Tax What can we expect from Spring Budget 2017?

9m Emma Smith, Managing Editor
Budget is a 'springboard' for tax policy reform, says new report

Corporate Tax Budget is a 'springboard' for tax policy reform, says new report

11m Stephanie Wix, Writer