Wine a big tariff winner under Brexit
In Brexit news, the UK government announced the proposed WTO tariffs that will come into effect and it looks like wine is a winner, with wine tariffs due to be dropped.
When the UK leaves the EU we will need to put in place our own tariff structure. Under the current EU terms, wines from outside the EU receive a small tariff.
It's currently set at 13.10 euros per 100 litres for still wine with an alcohol content of under 13 per cent (equivalent to 8.4p/bottle), 15.40 euros per 100 litres on still wine with an alcohol content of 13 to 15 per cent (11.5p per bottle) and 32 euros for sparkling wine.