Planet Whiskies :: Scottish Single Malt Whisky, Scotch, Distilleries, American Bourbon, Japanese, Irish

World-Wide Whisky News by Planet Whiskies | Buy your whisky online

To advertise on Planet Whiskies visit our contact us page

Scotch Whisky industry meets with Treasury Minister on 76% tax burden :: SWA makes case for 2% excise cut in March Budget :: Last year’s cut contributed to £96m increase in spirits revenue for Treasury :: 3rd February, 2016

Right blend for scotch as new whisky law comes into force - 23th November 2009The Scotch Whisky industry this week met with the Treasury in advance of the UK Budget on 16 March to put its case for a 2% cut in spirits duty.

Representatives from the Scotch Whisky Association (SWA) met Treasury Exchequer Secretary Damian Hinds MP yesterday afternoon (2 February) and discussed the pressures on the industry caused by the fact that 76% of the price of an average bottle of Scotch goes in tax.

While the SWA welcomed the Chancellor’s decision to cut duty by 2% in last year’s Budget, it said more has to be done to support the industry. The SWA wants to see ‘Fair Tax For Whisky’ and has issued a call to action to ‘Stand up for Scotch’.

It also discussed the benefits to the Treasury of a reduction in very high excise rates. Last year’s spirits duty cut actually helped boost tax receipts on spirits by £96 million between April and December, compared to the same period in 2014.

In its Budget submission to the Treasury, the SWA set out how unfair the current system is on Scotch Whisky – a great Scottish and British industry. On the same amount of alcohol, Scotch drinkers pay 51% more duty than beer drinkers in the UK and 27% more than wine drinkers. And, when polled, three quarters of the British public said duty on Scotch should be cut.*

David Frost, chief executive of the Scotch Whisky Association, said:
“We had a constructive discussion with the Exchequer Secretary to the Treasury, highlighting the significant increase in Government revenues this year – nearly £100m – as a result of the spirits duty cut in March, as well as the boost that decision gave to distillers, large and small. We hope the Government will build on last year’s decision by once again cutting excise by 2% and helping to reduce from the current onerous 76% the tax take on an average priced bottle of Scotch. We would like to see fair tax for whisky and we’re asking the government to stand up for Scotch.

“We explained how a reduction in excise in next month’s Budget would support public finances, promote investment and jobs across the UK and continue the progress made towards fairer tax for one of the UK’s most iconic and successful industries.   In short, when unnecessarily heavy tax is cut, revenues actually go up, and consumer and industry confidence is boosted.”

<< Back to all the latest whisky news brought to you by Planet Whiskies

Planet Whiskies on Twitter
Planet Whiskies on Facebook
Planet Whiskies on Pinterest

Subscribe to Planet Whiskies newsletter

* indicates required


Loch Fyne Whiskies

Loch Fyne Whiskies

Have you seen all the whisky specials on offer at Loch Fyne Whiskies in Inveraray? All orders placed have next day delivery. Click to discover all these fantastic offers... Read More

The Scotch Malt Whisky Society

View latest whisky news

World's largest private whisky collection set to sell for £8m Perth, Scotland in February 2020.

World's largest private whisky collection set to sell for £8m Perth, Scotland in February 2020.

The world’s largest ever private whisky collection, comprising 3,900 bottles, is poised to sell for a projected £8 million when it goes under the hammer in Perth next February. Further cementing Scotch whisky’s status as one of the most valuable investments on the market. Read more

-------------------------------------------------

Irish Distillers: New Packaging for Jameson Caskmates Series

Irish Distillers: New Packaging for Jameson Caskmates Series

Irish Distillers, makers of some of the world’s most enjoyed whiskeys, has unveiled a packaging revamp for its Jameson Caskmates Series. Read more

-------------------------------------------------

Gordon & MacPhail Reveals Unique Single Malts For Christmas: Malts from Old Pulteney and Glenlivet

Gordon & MacPhail Reveals Unique Single Malts For Christmas: Malts from Old Pulteney and Glenlivet

Single malt whisky creator Gordon & MacPhail has unveiled a duo of special bottlings from its iconic Connoisseurs Choice range for Christmas gifting. Read more

-------------------------------------------------

Islay whisky collection up for auction in aid of RNLI: A Group of seven malt whiskies from each of Islay’s coastal distilleries Goes Under The Hammer

Group of seven malt whiskies from each of Islay’s coastal distilleries Goes Under The Hammer for RNLI

The Islay Sea Collection, a group of seven malt whiskies from each of Islay’s coastal distilleries presented in a one of a kind display case is set to go under the hammer in this month’s Just Whisky auction with all proceeds going to the Portrush and Islay volunteer lifeboat crews. Read more

-------------------------------------------------

Great Whiskies Website

Buy Whisky online go to Great Whiskies (Planet Whiskies sister website)

Planet Gin Website

To read all the Latest Gin News. please go to our sister website - www.planetgin.com

VisitScotland Interactive Whisky Guide

Visit Scotland Interactive Whisky Map

Found out about 105 whisky distilleries in Scotland's five whisky regions in this very exciting interactive whisky guide :: More information

Some Scottish Whisky Available to Buy Online

Bunnahabhain 25 Year Old Single Malt Whisky
Bunnahabhain 25 Year Old Single Malt Whisky ~ 46.3% ~ 70cl

Region: Islay  ~  Type:   Scottish


Buy Now for £345.00
World-wide delivery available - Price Subject to Change


The Macallan 25 Year Old - Anniversary Malt Single Malt Whisky
The Macallan 25 Year Old - Anniversary Malt Single Malt Whisky ~ 43% ~ 75cl

Region: Speyside  ~  Type:   Scottish


Buy Now for £6,500.00
World-wide delivery available - Price Subject to Change


Springbank 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky
Springbank 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky ~ 43.4% ~ 50cl

Region: Campbeltown  ~  Type:   Scottish


Buy Now for £344.95
World-wide delivery available - Price Subject to Change


Kinclaith 40 Year Old 1969 (cask 301445) - Cask Strength Collection (S Single Malt Whisky
Kinclaith 40 Year Old 1969 (cask 301445) - Cask Strength Collection (S Single Malt Whisky ~ 47.3% ~ 70cl

Region: Lowland  ~  Type:   Scottish


Buy Now for £3,875.00
World-wide delivery available - Price Subject to Change


Highland Park 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky
Highland Park 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky ~ 50.2% ~ 50cl

Region: Island  ~  Type:   Scottish


Buy Now for £343.95
World-wide delivery available - Price Subject to Change


Glenfarclas 1966 (cask 4198) Family Cask Spring 2015 Release Single Malt Whisky
Glenfarclas 1966 (cask 4198) Family Cask Spring 2015 Release Single Malt Whisky ~ 50.6% ~ 70cl

Region: Speyside  ~  Type:   Scottish


Buy Now for £5,129.03
World-wide delivery available - Price Subject to Change


Ardbeg 13 Year Old 2005 (cask 1321) - Feis Ile 2018 Single Malt Whisky
Ardbeg 13 Year Old 2005 (cask 1321) - Feis Ile 2018 Single Malt Whisky ~ 56.4% ~ 70cl

Region: Islay  ~  Type:   Scottish


Buy Now for £1,750.00
World-wide delivery available - Price Subject to Change


St Magdalene 30 Year Old 1982 - Old & Rare Platinum (Douglas Laing) Single Malt Whisky
St Magdalene 30 Year Old 1982 - Old & Rare Platinum (Douglas Laing) Single Malt Whisky ~ 58.5% ~ 70cl

Region: Lowland  ~  Type:   Scottish


Buy Now for £1,495.00
World-wide delivery available - Price Subject to Change


Samaroli Diamond (2017 Edition) Blended Malt Whisky
Samaroli Diamond (2017 Edition) Blended Malt Whisky ~ 40% ~ 70cl

Region: Scotch  ~  Type:   Scottish


Buy Now for £437.30
World-wide delivery available - Price Subject to Change


Bowmore 2002 (bottled 2017) (cask 14) - Samaroli Single Malt Whisky
Bowmore 2002 (bottled 2017) (cask 14) - Samaroli Single Malt Whisky ~ 50% ~ 70cl

Region: Islay  ~  Type:   Scottish


Buy Now for £498.95
World-wide delivery available - Price Subject to Change


Planet Whiskies on Pinterest

Planet Whiskies on Twitter