ajthefox Posted 28 December 2011 Posted 28 December 2011 David Cameron will overrule Cabinet colleagues to push through plans setting a minimum price for alcohol, it has been reported. Officials have been ordered to draw up proposals for a 40-50p unit floor price in English shops and supermarkets, according to the Daily Telegraph. The move is expected to cost drinkers an additional £700million a year and the extra tax revenue could go to the NHS, the newspaper added. http://news.uk.msn.com/uk/pm-backing-alcohol-minimum-price
DB11 Posted 28 December 2011 Posted 28 December 2011 So how would that affect drink prices? Roughly? The more premium brands will probably already meet the threshold, but will increase their prices further because they can, I guess.
davieG Posted 28 December 2011 Posted 28 December 2011 So are we going to have a minimum price for junk food because people aren't able to control their eating. FFS why do we all have to be punished because some people can't control themselves. Aren't the Tories supposed to believe in leaving these things up to individual choice, oh and the sop to say the extra tax will go to the NHS means they'll just cut it somewhere else.
lavrentis Posted 28 December 2011 Posted 28 December 2011 If alcohol is so bad why is it not illegal? If it was invented today it probably would be I guess
acooling08 Posted 28 December 2011 Posted 28 December 2011 I think this is good for a few reasons. Firstly, it stops people raiding Asda for cheap booze and getting wasted every other day, saving the NHS money. Secondly it's good for pubs as more people will go to drink there. Thirdly it's the government gaining money in a way that doesn't negatively effect me (I don't drink)
I am Rod Hull Posted 28 December 2011 Posted 28 December 2011 I think this is good for a few reasons. Firstly, it stops people raiding Asda for cheap booze and getting wasted every other day, saving the NHS money. Secondly it's good for pubs as more people will go to drink there. Thirdly it's the government gaining money in a way that doesn't negatively effect me (I don't drink) I couldnt agree less with that.....
Rincewind Posted 28 December 2011 Posted 28 December 2011 If it helps keep local pubs open then maybe it could be a good thing. But it may not make a lot of difference to those that buy cheap stuff. The tax and duty will still be high for landlords and running costs.
Webbo Posted 28 December 2011 Posted 28 December 2011 This, as I understand it isn't a tax increase, although there maybe more vat raised through higher prices. At 40-50p per unit it's not going to affect much and then only slightly.
21st Century Fox Posted 28 December 2011 Posted 28 December 2011 I can't imagine the Libertarians in the Tory party being too pleased about that.
acooling08 Posted 28 December 2011 Posted 28 December 2011 I couldnt agree less with that..... Care to offer your own opinion rather than just dismissing mine?
I am Rod Hull Posted 28 December 2011 Posted 28 December 2011 Care to offer your own opinion rather than just dismissing mine? 1. supermarkets will still be the cheapest way to get alcohol. 2. Even if the cheapest can of beer goes up to £1 its still less than pubs can offer. 3. Its punishing sensible drinkers for the few reckless ones, so totally unjust.
chuck'em Posted 29 December 2011 Posted 29 December 2011 This, as I understand it isn't a tax increase, although there maybe more vat raised through higher prices. At 40-50p per unit it's not going to affect much and then only slightly. It will affect the pricing of certain drinks more than others, but will definitely limit promotions that shops can offer. For example, a can of Strongbow from a 12 pack has 2.3 units of alcohol, meaning 27.6 units per pack. Using the lower amount of 40p per unit this is £11.04 for 12 cans, a fairly small rise from the usual £8-£10. However when it comes to promotions like most supermarkets have offer over Christmas of 2 for £15 or 3 for £20 it will increase these prices dramatically.
Webbo Posted 29 December 2011 Posted 29 December 2011 It will affect the pricing of certain drinks more than others, but will definitely limit promotions that shops can offer. For example, a can of Strongbow from a 12 pack has 2.3 units of alcohol, meaning 27.6 units per pack. Using the lower amount of 40p per unit this is £11.04 for 12 cans, a fairly small rise from the usual £8-£10. However when it comes to promotions like most supermarkets have offer over Christmas of 2 for £15 or 3 for £20 it will increase these prices dramatically. I think that's the idea.
breadandcheese Posted 29 December 2011 Posted 29 December 2011 I've always believed that taxes should be transparent, so the costs of alcohol to society (extra policing, NHS, etc), should be paid for by specific taxes on alcohol. If the current taxes on alcohol do not cover the costs, then they should be raised, with the effect this has on prices. If the costs are already met by existing alcohol taxes, then the taxes should be reduced. Same applies for fatty foods.
chuck'em Posted 29 December 2011 Posted 29 December 2011 I think that's the idea. I understand that, but in that case it would be incorrect to say that it wont have much of an effect on prices. I've always believed that taxes should be transparent, so the costs of alcohol to society (extra policing, NHS, etc), should be paid for by specific taxes on alcohol. If the current taxes on alcohol do not cover the costs, then they should be raised, with the effect this has on prices. If the costs are already met by existing alcohol taxes, then the taxes should be reduced. Couldn't agree more
Phube Posted 29 December 2011 Posted 29 December 2011 Doesn't bother me in the slightest... Wine is approx. 11 units per bottle, so even at 50p per unit minimum... that's only £5.50 a bottle... all my wine is always way over that!
jonthefox Posted 29 December 2011 Posted 29 December 2011 once these new 'taxes' are inforced they will be raised at every budget.
Webbo Posted 29 December 2011 Posted 29 December 2011 I understand that, but in that case it would be incorrect to say that it wont have much of an effect on prices. Fair enough, you're right it would have an effect on prices during special offers. Even though I take advantage of those offers I don't think that that's necessarily a bad thing.
Webbo Posted 29 December 2011 Posted 29 December 2011 once these new 'taxes' are inforced they will be raised at every budget. I don't think this is a tax, just a ban on supermarkets selling alcohol below a certain price.
jonthefox Posted 29 December 2011 Posted 29 December 2011 I don't think this is a tax, just a ban on supermarkets selling alcohol below a certain price. But the goverment wont allow supermarkets to trouser the extra money. Its the same with fags. No matter how much they raise the tax by, it will never deter a smoker from getting his or her fags. The same goes with booze.
Alexikokopops Posted 29 December 2011 Posted 29 December 2011 I've always believed that taxes should be transparent, so the costs of alcohol to society (extra policing, NHS, etc), should be paid for by specific taxes on alcohol. If the current taxes on alcohol do not cover the costs, then they should be raised, with the effect this has on prices. If the costs are already met by existing alcohol taxes, then the taxes should be reduced. Same applies for fatty foods. I'm for that. Smoking taxes more than cover the cost (of the NHS at least) so lets reduce those taxes Cost of smoking related illnesses to the NHS (as of January 2009): £1.7 billion a year Amount raised through smoking taxation (in 2008-09): £10 billion (N.B. This post isn't entirely serious, although I wouldn't complain too much though if my tobacco cost less).
Finnegan Posted 29 December 2011 Posted 29 December 2011 I'm kind of behind this, although I'll reserve judgement until I see it actively targeting the most dangerous alcoholic substances on the market as opposed to just upping the price of everything to piss us all off! I read a really good article last year in the Big Issue on the subject and it's nice to see the Tories pursuing a humanitarian cause (although you can't help but be cynical and see the financial motivations here.) I can't find the above mentioned BI article on the internet but both of the following make a similar point and reference similar findings: http://www.guardian.co.uk/society/2010/aug/29/super-strength-alcohol-killing-homeless http://www.guardian.co.uk/lifeandstyle/2011/apr/17/cider-industry-protected-expense-alcoholics
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