Instead, to end the downward spiral of the industry, Mr Snowden claimed ministers must
lower alcohol duty and VAT, as well as reconsidering one - size - fits - all policies such as the smoking ban.
Rate # per hectolitre per cent of
alcohol in the beer: Beer: General Beer
Duty - 19.51 Beer High Strength: Exceeding 7.5 % abv - in addition to the General Beer
Duty - 4.88 Beer
Lower Strength: Exceeding 1.2 % - not exceeding 2.8 % abv - 9.76
The advent of the EU single market in 1992 was a critical turning point for
alcohol duties: for the first time, most of the restrictions on people travelling to other European countries - where
duties were usually far
lower - were removed.
The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing
alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from
lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Bu
lower spending on
alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in
alcohol consumption is associated with a 0.4 % increase in per capita income growth ·
Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Bu
Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity,
alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise
alcohol duty in next month's Budget.