Sentences with phrase «duty escalator»

The phrase "duty escalator" refers to a policy or practice where taxes or duties on certain products are regularly increased or "escalated" over time. In simpler terms, it means that the taxes or fees on certain goods gradually go up as time passes. Full definition
The coalition has frozen the fuel duty escalator on petrol and diesel that was brought in by the previous administration as a green tax during the 1990s.
Labour's decision to introduce the beer duty escalator saw duty on the drink rise by two per cent above inflation every year.
In February 2009, no less a figure than Jeremy Hunt, then Shadow Culture Secretary and now Health Secretary, lamented the number of pubs closing, blaming the Beer Duty Escalator for «making a bad situation a whole lot worse».
UK: Accolade Wines urges united front in duty escalator fight Accolade Wines has called for unity across the UK drinks industry against Government duty hikes that have seen wine sales plummet in the
Quite simply, we are asking for the Chancellor to call time on the hated «Beer Duty Escalator» and freeze Beer Duty this year.
UK: Accolade Wines urges united front in duty escalator fight Accolade Wines has called for unity across the UK drinks industry against Government duty hikes that have seen wine sales plummet in the... read more
In freezing the fuel duty freeze, Osborne will be repeating his autumn statement from last year, raising calls by some for the total scrapping of the fuel duty escalator under which tax is supposed to increase by the retail price index (RPI) every April until 2014.
The report is expected to cause a furore among environmental groups, which supported the fuel duty escalator as a way to limit the greenhouse gas emissions from car use.
Monday Questions — Communities and local government Motion — To approve ways and means resolutions relating to the finance bill Legislation — Finance bill Adjournment — Proposal to end the beer duty escalator — Gavin Williamson
The Call Time on Duty Campaign has consistently argued that the alcohol duty escalator was bad for consumers, for business and for the economy.
Aviation tax rises were dropped despite the fact that aviation is historically under - taxed compared to road fuels and, whilst the road fuel duty escalator was scrapped, there was no help for bus and train users suffering much greater cost increases.
The abolition of the Beer Duty Escalator and a freeze in the rate at next month's Budget would be a hugely welcome move which would help people already coping with so many other pressures on their finances.
UK: Budget - WSTA claims beer duty escalator move could be illegal The Wine & Spirit Trade Association has hit out at the UK Government's decision to scrap the duty escalator for beer and has cla... read more
UK: Government banks on wine tax windfall Wine is set to overtake beer as a contributor of duty tax to UK Government coffers, with little sign that ministers plan to halt the duty escalator for alcoh... read more
UK: Government banks on wine tax windfall Wine is set to overtake beer as a contributor of duty tax to UK Government coffers, with little sign that ministers plan to halt the duty escalator for alcoh
Measures such as the higher personal allowance, the freeze in fuel duty, and abolition of the alcohol duty escalator will all ease the burden on hard - pressed families.
The cross-party group want the government to scrap 2008's beer duty escalator, which has seen tax on beer go up over 40 % in the last four years.
Organisations such as CAMRA (the Campaign for Real Ale), BBPA (the British Beer and Pub Association), and SIBA (the Society of Independent Brewers) are amongst those supporting a beer tax e-petition which has been launched to stop the duty escalator.
«In 2008 the government raised alcohol duty by six per cent in real terms and introduced a duty escalator that automatically increased alcohol taxes by two per cent above inflation every year thereafter,» he said.
Instead, policies such as the smoking ban and alcohol duty escalator are responsible for speeding up the rate of closures in the past decade compared to the last forty years of steady decline in the pub industry.
David Skelton of Policy Exchange also welcomed what he called the «Boddingtons Budget,» citing the end of the beer duty escalator and another freeze in petrol duty.
The alcohol duty escalator - introduced in 2008, but maintained under the coalition - automatically increases duty by inflation plus 2 %.
Research from Ernst & Young shows that scrapping the duty escalator would boost GDP by half a billion pounds and increase the tax take from the drinks industry by # 230 million in 2014, by stimulating extra activity.
Forget the beer duty escalator.
Mr Deputy Speaker, there's another duty escalator — the annual two percent above inflation increases in alcohol.
George Osborne had already cancelled rises due under the fuel duty escalator — a commitment to successive duty increases — put in place by the previous government.
She was praised in Chancellor George Osborne's budget speech of 2012 for her campaign to scrap the beer duty escalator, which added 2 % plus inflation to the cost of beer each year.
We inherited a fuel duty escalator that would have seen above inflation increases in every year of this parliament.
Smith attacked Labour, for having «had no plans whatever to support motorists», citing their introduction of a fuel duty escalator.
They opposed the Government's fuel - duty escalator and said that the Climate Change Levy - a business tax on energy use that would be offset by cuts in corporate National Insurance contributions - «played Russian roulette with employment».
One part of the United Kingdom's environmental tax reform involved a steadily increasing fuel tax known as a fuel duty escalator, which was in effect from 1993 until 1999.
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