Budget 2014

The Budget 2014

The Chancellor of the Exchequer, George Osborn has reduced the duty on beer by 1p per pint. With a pint now costing on average £3, this is a huge saving and will make it far more viable to visit a pub for a pint or two. This could mean a saving of £1 or so a year. Still I guess other taxes will soon claw it back, and no doubt the duty will be raised in the next budget – remember the reduction in VAT from 17.5% down to 15%, it did not return to 17.5% but went on up to 20%.

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