http://bowenblog.wordpress.com/2008/03/13/beer-budget/ Working for Feltham North and fighting hard in Feltham & Heston Mon, 18 Feb 2013 11:58:36 +0000 hourly 1 http://wordpress.com/ http://bowenblog.wordpress.com/2008/03/13/beer-budget/#comment-58 Sun, 16 Mar 2008 11:26:42 +0000 http://bowenblog.wordpress.com/?p=55#comment-58 Sorry, the last comment was sent too early?
Duty of 4p is added to the landlords beer costs.
Duty is then subject to VAT (double tax or tax on tax).
4p duty increase on top of massive increases in beer cost (mainly due to fuel prices) means that the net effect of the budget is
4p duty cost means to maintain gross profit rate the land lord will typically double this to 8p, then has to add VAT… that’s about 10p!
More pubs will close. This is NOT a good thing. Many people only get to meet other people in their local community at this venue.

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