The 2014 budget has brought mixed news for drinkers. To sum up the chancellor’s announcements:
- Beer duty will be cut by 1p per pint.
- Taxes on ordinary cider and spirits are to be frozen.
- All other alcoholic drinks, including wine, will see duty rise at the rate of inflation, which is currently 1.9%.
Farrell Financial Planning are Glasgow based independent financial advisers (IFAs) and encourage only responsible drinking.
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