Tax

  • UK Alcohol Tax Revenue Falls £285m Despite Higher Duty Rates

    The Drinks Business reports that provisional HM Revenue & Customs figures show UK Alcohol Duty receipts are down 4% year on year in the 2025 to 2026 financial year to date, totalling £7,010 million, £285 million less than the same period last year, despite repeated duty upratings and ahead of a further RPI linked increase from February 2026. Most categories are lower, wine and other fermented products are down £100 million to £2.58 billion, spirits show the sharpest drop, down £156 million to £2.15 billion, and beer is down £59 million to £2.09 billion, while cider rises £30 million to £175 million but remains a small share of annual receipts.

  • UK Exporters Face Fresh Uncertainty After Proposed US Tariff Change

    Harpers reports that, after the US Supreme Court struck down Trump’s earlier tariff regime, the president announced plans for a 15% global tariff rate, a move that could raise duties on some UK drinks exports to the US. The article highlights analysis suggesting UK exports could see an average tariff rise of 2.1%, and includes comments from WineGB’s chief executive warning that higher costs would ultimately be borne by consumers, potentially slowing strong recent export growth for English and Welsh wine.

  • China Warns French Wine Could Be Targeted in EU Tariff Dispute

    Reuters reports that China has signalled French wine could face retaliation if France pushes the EU towards tougher tariff measures against Chinese imports, a warning that underlines how politically exposed premium wine and spirits exports can be when trade rows escalate, and comes as investors watch for knock on effects across French drinks groups and their Asian sales.

  • Pubs Brace for Pass Through Costs, Wine Mentioned in the Price Rise Mix

    LBC says pubs and producers are warning customers to expect price increases as the duty rise comes into force, and it explicitly calls out the duty bump for a 14.5% bottle of red wine. It frames the change as another squeeze point for hospitality, arguing that venues have limited room to absorb tax and operating cost rises. The piece also repeats the broader context that duty was announced earlier and is now arriving at tills, with the impact expected across both on trade and off trade sales.

  • UK Alcohol Duty Rise Triggers Fresh Wine Price Warnings

    Sky News reports that a 3.66% alcohol duty increase due to take effect on Sunday 1 February is prompting industry warnings of knock-on price rises, including for wine, as producers and retailers pass costs through. The report highlights that while duty is paid by manufacturers, the sector expects a “trickle down” impact at the till, and it points to cumulative increases on wine duty over recent years as pressure builds. The duty rise was confirmed in the autumn budget by Rachel Reeves, with the article emphasising the change applies across beer, wine, and spirits.