Increased duty on alcohol will ‘cripple’ hospitality businessesRebecca Black, PAIncreased duties on alcohol are set to “cripple” hospitality businesses, it has been warned. The increases to a number of drinks, set out in the Spring Budget, are set to come into force on Tuesday. Hospitality Ulster said the “biggest single alcohol duty increase in almost 50 years” has been exacerbated by the new way duty on alcohol will be calculated. Colin Neill, chief executive, Hospitality Ulster said businesses are already under pressure in terms of inflation, rates, National Insurance contributions and insurance. “This has left hospitality businesses, who are fighting to break even, no choice but to pass on the significant duty increases to customers.

Source: Irish Independent August 01, 2023 19:34 UTC