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Budget — Duty

 
David Anderson and Sarah Zielicka Edwards McGrigors LLP summarise the duty aspects of the Chancellor's first Budget
 
This month's Duty Calls is a round up of the main provisions affecting customs duty in Chancellor Alistair Darling's 2008 Budget and the subsequent Finance Bill. The Chancellor has been fairly modest in his offerings this year with the biggest headlines coming from duties on alcohol and the so-called 'green' taxes.
Alcohol duty
 
One of the most heated post-Budget discussions has surrounded the above-inflation increase in alcohol duty. The Chancellor has increased the duty on all alcoholic drinks from Monday 17 March 2008 by 6% meaning that the average pint of beer will cost an additional 4 pence ...

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