New WSTA chairman warns Government over tax increases

20th April 2009, 12:24pm

The Wine and Spirit Trade Association's new Chairman Tim How has warned that further tax increases on alcohol will force more wine and spirit businesses to cut back on jobs and investment.

The warning comes as the latest industry figures confirm falling sales in both on and off-trades as consumers rein in spending.

Despite the decline, next week's Budget is scheduled to introduce a 2% above inflation alcohol tax escalator, announced by the Chancellor last year.

Speaking after his appointment as chairman was confirmed at the WSTA annual general meeting, Tim How said: "The last thing the industry and consumers need now is another tax increase which can only make matters worse in this difficult economic climate. I fear that further tax increases this year will lead to more cutbacks by businesses already struggling in the face of falling sales."

Tim How is the former Chief Executive of Majestic Wine. He takes over from Christopher Carson who has been WSTA Chairman since April 2006.

Christopher Carson said: "It's been a privilege to help build industry support for the WSTA in the face of growing public policy challenges in recent years. I am confident that Tim's experience in the business will continue to provide the industry with a strong voice."

Related Articles:

• 18 Aug 2009 - WSTA to host low alcohol wine forum
• 29 Apr 2009 - Brakspear Pub Company to absorb Budget tax hike

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