According to a press release, starting 1 February, draught relief will increase, knocking 1p off the duty on draught products. This will affect around three in five of all alcoholic drinks sold in pubs, and is the first duty cut on a pint of beer in 10 years, according to HM Treasury.
At the same time, small producer relief is also increasing, in a move to encourage craft brewers to innovate. This measure reduces duty for the UK’s smallest, most innovative breweries and cider makers by over 90%.
Exchequer Secretary to the Treasury, James Murray, said, “Our pubs and brewers are an essential part the fabric of the UK and our brilliant high streets. Through draught relief, small producer relief, and expanding market access for smaller brewers, we will help boost sector growth and deliver our Plan for Change to put more money in working people’s pockets.”