Not only was the announcement about alcohol prices yesterday a lie, but the part about the system being simplified was too.
A 3-tier system was replaced by 27 bands of alcohol duty, meaning firms have to throw out all their pricing and start recalculating from scratch.
The Govt were right to alert us at the start of July.
‘On 1 August 2023, the Alcohol Duty system will become much simpler, taxing all alcoholic drinks based on their alcohol by volume (ABV)’
It’s not ‘much simpler’ so here’s
A guide to the UK duty hikes on wine
A very long🧵