The UK Budget

Twice a year in the UK there is what is called a budget. This is simply a statement by our Chancellor of the Exchequer (the minister in charge of the finances of the UK) where he outlines the fiscal measures necessary for the country’s finances to remain stable and any changes in public spending policy.

This week we have had the spring budget.

There were all the usual changes to tax rates for individuals and companies, tax on fuel, cars, house sales, cigarettes and inheritance.

But most of this passed with only a slight measure of discontent. For me the most outrageous item was that with immediate effect, there is now an extra 1 pence tax on a pint of beer and 5 pence extra tax on every bottle of wine!

Does this happen in France and would anyone dare to increase the tax on wine?

Dave