Duties – Budget Report 20 March 2014
The duty on all tobacco products will be increased by 2% above the rate of inflation (based on the RPI) from 6pm on 19 March 2014.
The duty rates on beer will decrease with effect from 24 March 2014. This will reduce the price of a pint of beer by 1p.
The duty on spirits will be frozen for 2014/15. The duty escalator for wine, made-wine and high strength sparkling cider will end.
Air Passenger Duty: banding reform
Rates for the new bands will lower the cost of travelling to many emerging market destinations such as China, India and Brazil.
From 30 June 2014, the Government will reduce the rate of bingo duty to 10%.
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