Duties

Changes to alcohol and tobacco duties.

Air Passenger Duty (APD)

The rates of APD for the tax year 2018/19 will increase in line with RPI. From April 2018 the Scottish government intends to set its own rate of APD.

Alcohol and tobacco duties

As from 8 March 2017 duty rates on all tobacco products are increased by 2% above RPI inflation.

From 13 March 2017 the duty rates on beer, cider, wine and spirits will increase by RPI inflation.

Insurance Premium Tax

The standard rate of Insurance Premium Tax will increase from 10% to 12% from 1 June 2017. The government will introduce new anti-forestalling legislation to take effect from 8 March 2017.

Soft Drinks Industry Levy

As announced at Budget 2016, the government will legislate for a Soft Drinks Industry Levy, with two thresholds at 5g and 8g of sugar per 100ml. The rates were announced at Spring Budget 2017 and will be 18p per litre (ppl) for the main rate and 24ppl for the higher rate. The levy will take effect from April 2018.

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About us

Ling Phipp was founded in 1974 and nowadays has two partners, six managers plus trainees and support staff.

We serve clients in the East Midlands and all over the UK. Our out-of-town location, with easy parking, close to the M1 junction 25 (Nottingham/Derby - A52), is very convenient.

Company details

0115 949 6838

Ling Phipp, Cliffe Hill House, 22-26 Nottingham Road, Stapleford, Nottingham NG9 8AA


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Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk, under reference number 6424855. This is the firm number provided by the Institute of Chartered Accountants in England and Wales.