The Sunday Times has predicted that the UK’s Chancellor will announce a landmark overhaul in the way that alcohol beverages are taxed, noting that Treasury officials regard the system as “outdated, complicated, and full of anomalies.” The Chancellor reportedly may reduce the duty on sparkling wine to the same level as the one for still wine, provide tax advantages to English sparkling wine producers, increase duties on expensive red wines, and introduce special “keg taxes” on barrels delivered to pubs and clubs. Concern has been expressed about the timing of these changes, which could distort consumer purchasing during or after the holiday season.

WineAmerica’s report on U.S. vineyard acreage survey

30-01-2023 | News

WineAmerica, the National Association of American Wineries, reported progress in a vineyard acreage...

United States: Heavy rains aided California’s wine sector

30-01-2023 | News

Recent storms in California caused about $30 billion in damage to...

Australia–China: Trade ministers to meet re trade restrictions on Australian products

30-01-2023 | News

Following an exchange between Australian and Chinese trade officials attending...

United Kingdom, wine/spirits sectors seek help with mandatory glass recycling costs

05-01-2023 | News

Wine and spirits businesses are seeking help from the UK government regarding...

Putin approves measures to develop viticulture and winemaking in Russia

05-01-2023 | News

President Putting has reportedly instructed the Russian government to implement a long-term...

Japan proposes recognition of nine additional GIs for UK alcohol beverages

05-01-2023 | News

Japan’s National Tax Agency (NTA) has proposed nine new geographical indications (GIs)...

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