UK: WineGB urges government to remove ‘competitive disadvantage’ ahead of budget

Published 2024년 10월 17일

Tridge summary

WineGB is calling on the UK government to aid the English and Welsh wine industry by reducing excise duty and implementing specific measures to promote growth before the autumn Budget. The organization points out that the UK is one of the few European countries that imposes excise duty on domestic wines, adding £2.67 per bottle and putting local producers at a disadvantage. WineGB proposes a Cellar Door Relief scheme to enhance wine tourism and suggests reforming Small Producer Relief to address the higher production costs in the wine industry. These initiatives aim to boost sales, create jobs, and encourage investment in the sector.

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Original content

With just two weeks remaining until the autumn Budget, WineGB has called on the UK government to prioritise the English and Welsh wine industry by reducing excise duty and offering targeted support to boost growth. In its Budget submission, WineGB highlights that the UK is one of the few wine-producing countries in Europe that levies excise duty on domestically produced wines. On average, this adds £2.67 to the cost of a bottle for British producers and consumers, putting them at a disadvantage compared to their European counterparts. France for example imposes minimal or no excise duty on home-produced wines, charging only €0.07 on sparkling wines and €0.03 on still wines in 2022. The recent duty increase in August 2023 was the largest in nearly 50 years, with further changes based on abv set to take effect next year. WineGB argues that these reforms disproportionately affect English and Welsh wine producers and have already contributed to a £238 million decline in wine-related ...

Source: Harpers