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Budget 2011: duties

Speed read

Focus on products-based duties: increases in alcohol and tobacco duty; notice of revocation of duty exemptions for black beer and Angostura bitters; notice of possible legislative change to combat alcohol duty fraud; revocation of fuels duty escalator and introduction of fair fuel stabiliser, deferral of oil duty increases and immediate reduction of fuel duty and a blunder by the Chancellor – when is the duty charged?

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