{"id":212754,"date":"2025-04-29T12:19:52","date_gmt":"2025-04-29T12:19:52","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/uk-gi-spirits-see-licensing-fee-reduction-drinks-international\/"},"modified":"2025-04-29T12:19:52","modified_gmt":"2025-04-29T12:19:52","slug":"uk-gi-spirits-see-licensing-fee-reduction-drinks-international","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=212754","title":{"rendered":"UK GI spirits see licensing fee reduction &#8211; Drinks International"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p dir=\"ltr\"><span>The move from His Majesty\u2019s Revenue &amp; Customs (HMRC) will save UK spirits producers, such as Scotch whisky and Irish whiskey, up to 95%.<\/span><\/p>\n<p dir=\"ltr\"><span>The SDV scheme acts to protect the reputation and authenticity of spirits with a GI in the UK, as spirits under these categories are required to pay up to \u00a311,410 (US$15,195) every two years in verification fees.<\/span><\/p>\n<p dir=\"ltr\"><span>The new fee rate will see this lowered to a flat fee of \u00a3250 per facility, every two years, and will be in place until 30 June 2031.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span>Mark Kent, Scotch Whisky Association (SWA) chief executive, said: \u201cWe welcome the lowering of fees under the UK government\u2019s Spirit Drinks Verification Scheme. For the past decade, the Scotch Whisky industry has been paying over the odds and the harmonisation of fees with other UK producers addresses the inherent unfairness built into the system.<\/span><\/p>\n<p dir=\"ltr\"><span>\u201cWhile this move is a step in the right direction, we have invited the Exchequer Secretary to visit the industry to discuss other inconsistencies in the UK\u2019s tax and regulatory structures, which leave the Scotch Whisky industry at a competitive disadvantage. Greater fairness for Scotch Whisky can underpin the government\u2019s growth mission, and we look forward to working with HM Treasury towards that shared aim,\u201d added Kent.\u00a0<\/span><\/p>\n<p><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The move from His Majesty\u2019s Revenue &amp; Customs (HMRC) will save UK spirits producers, such as Scotch whisky and Irish whiskey, up to 95%. The SDV scheme acts to protect the reputation and authenticity of spirits with a GI in the UK, as spirits under these categories are required to pay up to \u00a311,410 (US$15,195) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":212755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[5038,80606,80609,11101,1085,47211,3006,16104,80610,80601,36225,35337,3461,15674,80603,80602,80604,80611,80605,80608,16238,13442,32938,80607,80612],"dealstore":[],"offerexpiration":[],"class_list":["post-212754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alcohol","tag-drinks","tag-drinks-verification","tag-drinks-verification-sdv","tag-fee","tag-flat","tag-gi","tag-international","tag-licensing","tag-lower-flat-rate","tag-majestys","tag-reduction","tag-replaced","tag-revenue","tag-scheme","tag-scheme-replaced","tag-sdv","tag-sdv-scheme","tag-sdv-scheme-replaced","tag-spirit-drinks","tag-spirit-drinks-verification","tag-spirits","tag-uk","tag-verification","tag-verification-sdv","tag-verification-sdv-scheme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK GI spirits see licensing fee reduction - Drinks International - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=212754\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK GI spirits see licensing fee reduction - Drinks International - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The move from His Majesty\u2019s Revenue &amp; Customs (HMRC) will save UK spirits producers, such as Scotch whisky and Irish whiskey, up to 95%. 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