Dear Mr Hammond
Is it fair or wise to penalise a British industry that is growing and taking on the world? Would we charge higher taxes on Whisky or Scottish woolens than on Vodka or Chinese jumpers? Would we charge higher VAT on British made luxury cars than lower priced ones?
So why do we charge higher rates of Excise Duty on sparkling wine than still wine in the UK?
It’s a little-known fact that we pay 28% more of Excise Duty per bottle on sparkling wine than on still wine – £2.74 and ‘just’ £2.16 respectively. Plus VAT of 20% …
I say ‘just’ because in the rest of Europe Excise Duty on wine is generally 8-10p per bottle! It’s cheaper to buy most wines, even English