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United Kingdom: Changes to UK Alcohol Tax Rates May Challenge US Exports of Some Alcoholic Beverages
Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.
The United Kingdom (UK) left the European Union (EU) on January 31, 2020.
The United Kingdom (UK) departed the European Union (EU) on January 31, 2020.
At 2300 local time on December 31, 2020, the United Kingdom (UK) completed its departure from the European Union (EU).
The United Kingdom has strong social and cultural ties to the United States, demonstrated by the similarities in consumer trends in the retail and foodservice markets.
On January 1, the Japan-UK Comprehensive Economic Partnership Agreement (CEPA) entered into force, enabling the United Kingdom to maintain most of the market access terms for agriculture...