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Wine News

UK duty on wine is set to rise by 7p (estimate)

The UK Chancellor increased the price of duty on a bottle of wine by RPI during Monday’s budget.

Philip Hammond froze the duty rise for all other alcoholic beverages beer, normal strength ciders and spirits, but increased the duty on wine in line with the Retail Price Index (RPI is a measure of inflation).

The increase in UK wine duty will take effect from the 1st February 2019, along with the duty increase for high strength ciders.

The current Retail Price Index is 3.3% (for the year to September 2018). If this number was used (the budget does not state which period the RPI would be used) it would mean an increase in duty from £2.16 to £2.23 or a 7p increase.