Alcohol price rises as taxes put 54p on a bottle of wine

THE price of wine and spirits will rise from today as an increase in tax and duties comes into effect.

- Josie Clarke

Alcohol tax will go up in line with the Retail Price Index at 3.6%, but a new system to tax wines and spirits based on strength will be introduced at the same time.

This means the duty on a bottle of gin will rise by 32p, while wine at 14.5% ABV (alcohol by volume) will increase by 54p.

The Wine and Spirit Trade Association calculated that a 14.5% ABV bottle of red wine would have risen by 98p in 18 months, taking into account new duty hikes introduced in August 2023.