UK: Duty stamp decision latest
In the Pre-Budget Report today (2 December), the government signalled that discussions with the industry would continue to ensure that a duty stamp scheme for spirits would be effective and proportionate.
Scotch Whisky producers have welcomed the government's commitment to continue to work with the industry to maintain the squeeze on spirits fraud.
In a statement, Gavin Hewitt, chief executive of The Scotch Whisky Association, said: "The industry has been working tirelessly to assist the government in delivering workable proposals to beat spirits fraud. This is a complex area but our discussions have been constructive.
"Today's announcement is welcome and acknowledges the need to be flexible as we work together in tackling spirits fraud. It is also a recognition that more work is needed to ensure that a duty stamp scheme is effective, without damaging the legitimate trade.
"With indications that government and industry co-operation is working, distillers welcome the opportunity to build on existing successes in beating the fraudster," Hewitt concluded.
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