The Chancellor announced yesterday an increase in duty on all spirits, taking the level up to £25 a litre of pure alcohol. This equates to £7 a bottle at 40% alc. This means for an average bottle of cognac costing £30, more than £16.50 goes on duty and tax. And don’t forget that Vat is also charged on the total of the spirits value and the duty combined - in effect double taxing the consumer.
Under the new duty increase, Hermitage Cognacs will in future sadly have to cost more, adding nearly one pound to an average bottle of cognac. Brandyclassics still have some stocks of our Hermitage Cognacs available at the old level of duty, so please visit our online store add buy now before prices go up.