How much will alcohol cost from August?
Jeremy Hunt has increased alcohol duty rates in line with inflation (10.1%), hitting punters in the pocket.
The exact level of duty applied to each drink won’t be confirmed until later on.
But changes to the number of alcohol duty groups and an additional inflationary-fuelled rise could see the tax on some alcohol shoot up as much as 44% according to The Wine and Spirit Trade Association (WSTA).
A bottle of wine could go up by 44p, while duty on Port could rise by £1.29 a bottle.
But other alcoholic beverages could actually see their duty rates cut.
For example, duty on a bottle of sparkling wine could be slashed by 19p.
The duty on a bottle of cream liqueur like Bailey’s could also fall by 3p and 5p could be shaved off pre-mixed cans of G&T.
