taxes

The Revival of Brora

Diageo’s Brora Distillery in the Scottish Highlands celebrated the third anniversary of its revival this summer, and is now pouring new Brora single malt whisky… Read More

“Bourbon Capital of the World” Hits the Brakes on New Whiskey-Related Projects (Episode 1003: May 7, 2023)

Bourbon’s construction boom in Central Kentucky is raising concerns in Nelson County, home to Bardstown, the “Bourbon Capital of the World.” County officials have reached a compromise with whiskey makers for a 90-day moratorium on planning approval for new warehouses in agricultural zones. Nelson County Judge Executive Tim Hutchins wants a review of current ordinances allowing virtually unfettered development of warehouses without public input, while allowing projects in areas zoned for industrial use to move forward. We’ll talk with Judge Hutchins on this week’s WhiskyCast In-Depth about the moratorium and the impact of losing millions of dollars in barrel tax Read More »

Chancellor Slams Whisky Industry With Tax Hike

March 15, 2023 – The Scotch Whisky Association’s pleas for a freeze on excise duty fell on deaf ears, as Chancellor Jeremy Hunt’s new budget calls for a 10.1% increase in duty on whisky and other distilled spirits. Hunt’s budget plans a tax increase in line with inflation effective August 1 for all four alcohol categories (distilled spirits, wine, beer, and cider), with relief being offered for on-draught products sold at bars and restaurants. According to the Scotch Whisky Association, the duty rate on spirits will rise to £31.64 per liter of pure alcohol, raising the tax burden on an Read More »

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