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Tel: 01349 880159 | E-mail: bm@ardrossaccs.co.uk
The duty rates remain frozen for beer, spirits, wine and made-wine, still and sparkling cider and perry.
The duty rate on all tobacco products will continue to increase by 2% above RPI inflation. The duty rate on hand-rolling tobacco will increase by a further 4%. These rates will have effect from 11 March 2020.
Fuel duty will be frozen for the 2020/21 tax year.
Data published by HMRC has revealed that inheritance tax (IHT) receipts rose to a record high of £7.5 billion in the 2023/24 tax year.
24 Apr 2024
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