Wine-lovers left to drown sorrows as tax hike hits cost of a bottle – but it’s not all bad news for drinkers | Money News
Consumers will see the price of alcohol rise from Saturday when a hike in tax and duties comes into effect.The alcohol tax itself will rise in line with the Retail Price Index at 3.6%, but a new system to tax wines and spirits based on strength will be introduced at the same time. This means the duty on a bottle of gin will rise by 32p, while wine at 14.5% […]