Wednesday, 16 January, 2019
Drinks Insight Network
The trade association claims that the combination of a no-deal Brexit with the planned duty increase from 1 February this year would add an additional £0.20 to the price of a bottle, which currently costs £5.73.
There are currently no import tariffs levied on wine bottles received from the EU, Chile or South Africa.
According to the WSTA, a temporary suspension on all wine tariffs for a period of six to 12 months could reduce the strain on the supply chain that a no-deal Brexit is expected to bring about.
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