Scotch Whisky is trapped in a tax riddle Opinion The UK's nonsensical spirit tax regime is an own goal that punishes industries like Scotch Whisky, writes Mark Kent.
Cutting taxes on Scotch whisky would be a win-win for the Chancellor Mark Kent Slashing excise duty on spirits is a popular revenue raiser – so why have only three Chancellors ever done it?
Lift our economic spirits by keeping duties and tax down on Scotch Whisky Mark Kent You will struggle to find another industry that is like the Scotch Whisky industry. One that’s continued to invest in the UK economy despite the lost exports, tourist visits and hospitality income during the pandemic, rising production and shipping costs, and the loss of more than half a billion pounds in revenue because of tariffs [...]
