If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Alcohol duty rates will not be changed. Tobacco duty will rise by 5% above inflation - 37p on a packet of cigarettes. The change starts at 1800 GMT today.
Inflation +5% = 8.3% increase in duty. Your probably talking about a 5ish % increase in costs. Can I be the millionth person to say that more people will start buying from abroad and will pay 0% to the national purse.
Could be the largest increase I have ever seen as I believemost distributors absorbed price increases last year but will now also increase price so the equation will look like this
5% duty + inflation 3.3% plus importers increase X% plus VAT on the lot
Stock up in the next week before all prices are increased!
Comment