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Current Position:Home » News » Beverages & Alcohol » Alcohol » Topic

Scotch Whisky Association challenges minimum alcohol price

Zoom in font  Zoom out font Published: 2014-02-10  Views: 19
Core Tip: The Scotch Whisky Association (SWA) has opposed the Scottish government's plans for a minimum price for alcohol.
The Scotch Whisky Association (SWA) has opposed the Scottish government's plans for a minimum price for alcohol.

SWA has also discussed with Treasury Economic Secretary and MP Nicky Morgan on the pressures on the industry caused by above-inflation excise duty increases and is called for the removal of the duty.

According to SWA, the Scotch Whisky market in the country has witnessed a 12% drop in volume since the launch of alcohol duty escalator in 2008.

The duty on Scotch has increased by 44% over the past six years, with the escalator increasing duty by 2% above inflation every year.

As per the research data presented by Ernst & Young, the removal of the alcohol duty will create around 6,000 jobs, and generate £230m in extra revenue during 2014.

SWA chief executive David Frost said they hope that the government will listen to SWA's concerns about the negative impact of the alcohol duty escalator and agree that enough is enough.

"Scotch Whisky, along with all other spirits, faces a more punitive tax burden than any other consumer product in the UK," added Frost.

"Scrapping the duty escalator and freezing alcohol duty this year would benefit the UK economy and hard-pressed consumers."


 
 
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