CAMRA responds to the Budget announcement
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Commenting on announcements in the Budget, CAMRA Chairman Nik Antona said:
“Against the backdrop of industry fears on Coronavirus, it is good to see the Government has continued to recognise the value of pubs to the economy and society by freezing beer duty in the Budget. Brewers and pub companies must now pass any savings on to consumers.
“We feel the decision not to implement a preferential rate of beer duty is a missed opportunity and will use the upcoming review of alcohol duty to continue to make the case for this, as we believe this is the best way to support community pubs.
“The abolition of business rates for pubs with a rateable value under £51,000, and the £5000 discount for those with a value up to £100,000 is great news for qualifying pubs, and we are glad that the Treasury has listened to our calls for action.
“The announcement of a review of the business rates system is welcome, and this must happen as soon as possible so that we can fix the root issues with this unfair system and save our pubs from extinction.”