Posted by Jake on Friday, March 15, 2013 with No comments | Labels: HMRC, Inflation, leisure, retailers, taxation, tobacco
KJ, Chris and Fee get all confused...
SOURCE TELEGRAPH: Bitter taste for drinkers as beer is watered down to save money
John Smith’s Extra Smooth will be reduced from 3.8% alcohol to 3.6% - and the price per pint is set to rise. The change is not just because of the rising costs of production, and reduced beer sales in Austerity Britain, but in response to high tax rates. The government’s attempt to tackle problem drinking includes a lower rate of duty on beers with lower alcohol content. The change should save Dutch brewers Heineken, who own the brand, £6.6m in duty per year. A third of every pint now goes to the tax man.
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