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Port and sherry importers ‘aghast’ as tax shake-up will add over £1 to bottle price
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Britons partial to a festive glass of port or sherry should nurse it carefully this Christmas as a shake-up of alcohol taxes threatens to add at least £1 to bottle prices next year.
The chancellor announced a sweeping overhaul of alcohol duties in the budget, reducing the tax take on lower-strength drinks, such as draught beer, but increasing them on products, such as fortified wine, with an alcohol content above 11%.
Andrew Hawes, the managing director of the wine importer Mentzendorff, said port and sherry fans were about to be hit with the “largest single alcohol tax rise in UK history”. UK shoppers buy 10m bottles of sherry and close to 9m bottles of port each year.
“Local wine merchants up and down the country are aghast at the suggested
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