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EATING & DRINKING

Cut that beer duty!

By chief hack Ignatius Rake

Posted February 05, 2015
booze news

New report adds weight to calls for "third, historic cut" in UK beer duty.


With the 2015 Budget due this coming March 18, Oxford Economics (OE) has unveiled a new report for the British Beer & Pub Association (BBPA) supporting "the compelling case for a third, historic cut in beer duty".

According to a BBPA press release, the report shows that the country's beer and pubs sector supports "an astonishing 870,000 jobs", 44 per cent of which employ "younger workers under 25".

Furthermore, the sector "adds almost £22bn [$33.4bn] to the economy each year", while coughing up £10bn in headline taxes.


ECONOMIC BENEFITS
While brewing sustains more than 100,000 UK jobs, "it is in pubs where the jobs impact is most felt, with 770,000 jobs supported by the nation's 48,000 pubs", it continues.

The report also highlights what the BBPA calls "the astonishing tax haul from the industry", revealing that some £13bn per annum is accrued through beer and other excise duties; VAT; income tax; corporation tax; and business rates.

"Our analysis confirms that the UK beer and pub sector continues to be an important source of employment and output at a national and local level," OE CEO Adrian Cooper writes in the report.

"Its activity generates a significant amount of tax contributions, investment and opportunities for young people to enter the labour market."


BUILD ON SUCCESS
Meanwhile, not writing in the report, BBPA CEO Brigid Simmonds states: "Our sector supports 870,000 vital jobs and it is particularly important that we can go on boosting employment, especially for younger people."

"Two historic beer duty cuts have brought huge benefits."

"In 2014, beer sales rose after years of decline and employment was boosted by 16,000."

"The chancellor has a great opportunity to build on this success in the Budget on [March 18], with a third duty cut."

For a shedload more information on the above, have a click of this.


See also British beer sales finally rise, posted 30/1/15, and Osborne cuts beer duty again, posted 19/3/14.


Ignatius Rake
is a freelance journalist and geographer who has visited more than 70 countries on six continents. A published lyricist and founder of the Naked Trouser DJ collective, he has fronted punk bands in both the UK and Poland, including the only band ever to be kicked off BBC Radio Cornwall. In 2013, he represented the UK at the Fourth Annual Smoke's Poutinerie World Poutine Eating Championship in Toronto, getting his arse royally whipped by Rake & Herald reader and Major League Eating speedscarfing supremo Joey 'Jaws' Chestnut. He has been known to like a pint.



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