2023 reform on UK excise duty
Following the budget announcement on 15 March, the whole drinks and hospitality industry will be preparing for the coming changes.
While alcohol duty has been frozen for the time being, a big reform will take effect on 1 August 2023.
According to WSTA, the new measures mean that the forecast for RPI at 10.1% is being used as the measure for increasing duty rates for all non-draft products from 1 August 2023.
The below table, provided by WSTA, outlines the changes that will be implemented on 1 August for some of the main affected drinks categories.