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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.”

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Whisky Advent Calendars

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Benromach unveils rare 50-Year-Old Single Cask Whisky - Only 125 bottles of Benromach 50 Years Old will be released for sale

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Some Scottish Whisky Available to Buy Online

Bunnahabhain 37 Year Old 1980 - Single Cask (Master of Malt) Single Malt Whisky
Bunnahabhain 37 Year Old 1980 - Single Cask (Master of Malt) Single Malt Whisky ~ 41.3% ~ 70cl

Region: Islay  ~  Type:   Scottish


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Glenfarclas 1964 (cask 4726) Family Cask Spring 2017 Release Single Malt Whisky
Glenfarclas 1964 (cask 4726) Family Cask Spring 2017 Release Single Malt Whisky ~ 42.1% ~ 70cl

Region: Speyside  ~  Type:   Scottish


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Caol Ila 26 Year Old 1991 (cask 4678) - Mackillops Choice Single Malt Whisky
Caol Ila 26 Year Old 1991 (cask 4678) - Mackillops Choice Single Malt Whisky ~ 50.4% ~ 70cl

Region: Islay  ~  Type:   Scottish


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Tullibardine 52 Year Old 1962 - Custodians Collection Single Malt Whisky
Tullibardine 52 Year Old 1962 - Custodians Collection Single Malt Whisky ~ 40.1% ~ 70cl

Region: Highland  ~  Type:   Scottish


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Littlemill 40 Year Old Celestial Edition Single Malt Whisky
Littlemill 40 Year Old Celestial Edition Single Malt Whisky ~ 46.8% ~ 70cl

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North British 55 Year Old 1962 (cask 12398) - Xtra Old Particular (Dou Grain Whisky
North British 55 Year Old 1962 (cask 12398) - Xtra Old Particular (Dou Grain Whisky ~ 45.4% ~ 70cl

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Ardbeg 27 Year Old (That Boutique-y Whisky Company) Single Malt Whisky
Ardbeg 27 Year Old (That Boutique-y Whisky Company) Single Malt Whisky ~ 50.6% ~ 50cl

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Glenfarclas 1959 (cask 3226) Family Cask Spring 2015 Release Single Malt Whisky
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Oban 21 Year Old (Special Release 2018) Single Malt Whisky
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