Hospitality and leisure businesses face a fourfold increase in their bills, potentially adding tens of thousands of pounds to costs per venue, if business rates relief ends on 31 March.
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Taking a glass-half-full approach, much of the right-wing press applauded Jeremy Hunt’s extension of the alcohol duty freeze till February 2025, described as a ‘victory for drinkers’ up and down the country by one tabloid.
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The government dashed hopes of a cut to alcohol duty following the announcement of the Spring Budget today (6 March) by chancellor Jeremy Hunt.
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In today’s Autumn Statement (17 November 2022), Chancellor Jeremy Hunt made a few announcements regarding business taxes, but there was no mention of alcohol duty, much to the frustration of the drinks trade.
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