| WSTA Budget Submissions |
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In 2009, the major drinks trade associations have issued a joint Budget submission to HM Treasury supported by an economic assessment study compiled by Oxford Economics. The 2009 submission and study can be viewed via the following links: Submissions for previous Budgets: Facts and figures: In April 2009, The Chancellor increased all alcohol excise duty rates by 2%. Excise duty is currently charged at £1.61 per 75cl bottle of still wine, £2.06 per 75cl bottle of sparkling wine, and £5.94 per bottle of 70cl spirit (37.5%abv). The industry directly employs more than 650,000 people in the production and retailing of alcohol and supports a further 1.1 million jobs in the wider economy. The industry contributes 2% of the UK’s total output (£28.6billion). It paid nearly £15 billion in excise duty and VAT in 2007/08. |
