Stop the Scotch Super Tax
The Scotch Whisky Association is calling
on the Government to freeze spirits excise duty in the 2018 Budget,
which would extend the benefits to the Treasury of a freeze
announced in November 2017 and to support a flagship British
Tax on Scotch Whisky currently stands at 74%*, meaning £3 in
every £4 spent on Scotch Whisky in the UK goes to the HM Treasury
in excise and VAT.
Data from HM Revenue and Customs shows spirits duty receipts for
the Treasury increased by £114 million to over £1.6 billion between
February and July 2018 - up 7.5% on figures for the same period in
The SWA believes an extension of the spirits duty freeze would
deliver more revenue for the Treasury than a duty increase, while
protecting an industry that has invested more than £500 million on
capital projects, including new distilleries, tourist centres and
technology, over the last five years.
The Scotch Whisky industry also generates more than £4 billion
in exports each year and represents a fifth of the UK's total food
and drink exports. But continued success abroad can only be secured
through support at home.
Karen Betts, Chief Executive of
the SWA, said: "Scotch Whisky is a flagship British
industry, supporting more than 40,000 jobs and contributing £5
billion to the economy every year.
"All the economic evidence shows the Chancellor was right to
freeze spirits duty last year, and his decision had been vindicated
by the extra revenue our industry has generated for the Treasury.
Continuing a freeze in the 2018 Budget will deliver more money for
the Exchequer than increasing duty and further penalising
"Given the pressure on public finances, we hope the Chancellor
will take the opportunity to both maximise the return on spirits
and support Scotland's national drink at a time when we need to
back our winners."
For more information in the campaign and to find out how you can
help, download our Scotch Super Tax
*The 74% tax (VAT and excise duty) is based on an average
selling price of £14.15 for a 70cl bottle (as at June 2018) of
Scotch Whisky in the off-trade in the UK. Of that, excise forms
£8.05 and VAT forms £2.36. Therefore total tax on a bottle is