UK: Will RTD tax hike hit industry?
The UK budget, announced by Gordon Brown yesterday, has received a mixed reaction from the drinks industry, after it was revealed that duty on wines, spirits and beer would be frozen, but that RTDs would qualify for a higher tax bracket. Speaking to just-drinks, deputy chairman of the Wine & Spirit Association (WSA) Joanna Delaforce called the change in RTD tax a "disaster" and predicted the tax would not work.
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