Wednesday, October 27, 2021
Assistance to businesses in trouble
Britain makes beer cheap
In UK nightlife things will soon be much cheaper: to support affected pubs and restaurants, taxes on beer and other beverages will be reduced. This also applies to taxes on UK domestic flights. The climate should not be affected as a result.
Good news for pub goers and beer drinkers in the UK: The government is cutting taxes on draft beer, ciders and sparkling wines. Finance Minister Rishi Sunak has announced in Parliament in London that he wants to revive the catering sector after the Corona epidemic. The average price of a pint of beer drops by three pence.
The planned tax increase on beer, whiskey, wine and cider has also been halted. This equates to a tax cut of ில்லியன் 3 billion (5 3.55 billion), Sunak said when the budget was tabled. On the other hand, the tax on high-alcohol beverages is set to increase. The announcement was welcomed by the industry. He continues to complain that the alcohol tax in the UK is significantly higher than in other countries.
Less taxes for UK domestic flights
Gastronomy is not the only profession that can expect much support. The UK government is also cutting taxes on domestic flights to boost the domestic economy. “Currently, people pay more for round-trip flights between four parts of the country than for domestic flights from abroad,” Finance Minister Sunak said.
Just days before the start of the COP26 Climate Conference in Glasgow, it was announced that the passenger tax on these connections would be reduced from April 2023. At the same time, costs for long-haul flights of up to 5500 miles (8850 km) are expected to rise. “Less than five per cent of passengers will pay less, but those who fly longer distances will pay more,” Sunak told parliament. The minister said the government would help reduce emissions.
“Most emissions come from internationals rather than UK domestic flights,” Sunak said. The change will benefit nine million passengers and regional airports. The project is also seen as an attempt to strengthen relations between the various parts of the United Kingdom. Especially in Scotland, after Brexit, calls for secession from London have resurfaced. Opposition parties have stated they will not run in the by-elections. “Bankers who drink at least champagne on short-haul flights will cheer this budget on,” said Labor finance expert Rachel Reeves.
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