More than 38,000 pubs will benefit from the six-month freeze on alcohol duty from 1 February 2024. According to HM Treasury:
- The great British pub receives further boost from I February as a six-month alcohol duty freeze to 1 August 2024 takes effect.
- This tax saving will help support around 38,175 pubs to face rising costs.
- Duty freeze comes in addition to £4.3 billion in business rates cuts and duty protection for pints sold in pubs.
“British pubs are a significant part of the fabric of communities across the UK and a further freeze on alcohol duty will help to support the sector while the government continues to bring down inflation while driving growth and investment.
“This will impact around...