MW debates ‘unfair’ alcohol duty escalator
Peter Richards MW has appeared on BBC2′s Daily Politics speaking in support of scrapping the controversial alcohol duty escalator (ADE) ahead of next month’s UK budget.
Earlier this year dozens of MPs and representatives from the wine and spirits sector gathered to launch ‘Call Time on Duty’ – a campaign spearheaded by The Wine and Spirit Trade Association (WSTA), Taxpayer’s Alliance and Scotch Whisky Association to end the alcohol duty escalator. Since it was introduced in 2008, tax on wine has increased by 50% and by 44% on spirits which campaigners argue is costing the industry “vital jobs and unfairly hitting consumers in the pocket”, while independent research from Ernst and Young found that scrapping the Alcohol Duty Escalator would create over 6,000 jobs and boost the public finances by £230 million in 2014. The ADE was introduced in 2008 and automatically raises alcohol excise duty by 2% above inflation each year.
Following his appearance Peter said: “The Secretary of State for Communities and Local Government Eric Pickles’ refusal to engage in any sort of meaningful debate when I went on BBC2’s Daily Politics to call for an end to the super tax known as the alcohol duty escalator (ADE) was both baffling and, I thought, shameful.