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» Beverage Industry News » International » UK to Lower Small Brewers Tax Break

UK to Lower Small Brewers Tax Break

Beverage Industry News» Internationalposted Jul 27th, 2020 12:07:48PM by Tom McCormick

The UK government has lowered the threshold for breweries to stop receiving some tax breaks on the beer they produce.

The Small Breweries’ Relief was introduced in 2002, and was meant to help newer breweries become profitable and compete with big players like Heineken or AB InBev. The relief gives any brewer producing less than 5,000 hectolitres (4,258 barrels) annually a 50% discount on beer duty. Now, the government is lowering the threshold from 5,000hl to 2,100hl (1,788 barrels).

Full details here at The Drinks Business

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Tom McCormick

Posted by Tom McCormick

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