Sunday, August 14

Autumn Budget 2021: Cuts announced to alcohol and air passenger duties, while the levy on fuel is frozen for the 12th year in a row

Delivering today’s Autumn Budget to the House of Commons, Mr Sunak announced plans to simplify alcohol duties by cutting the current 15 duty rates to six. He said all beverages will be taxed according to their alcohol content. “The stronger the drink, the higher the rate,” he told MPs.

The rumoured 2.84p hike to fuel duty was also scrapped by Mr Sunak, with the Chancellor announcing that fuel duty will remain at 57.95p.

Mr Sunak also revealed plans to cut domestic air passenger duties by 50%, with a new £6.50 band set to be introduced for flights in between England, Scotland, Wales and Northern Ireland.

More to follow…