News That Matters

Tag: breweries

Small breweries warn ‘reverse Robin Hood tax system’ putting jobs at risk

Small breweries warn ‘reverse Robin Hood tax system’ putting jobs at risk

Business
Small breweries in Britain are warning that hundreds of jobs are at risk over government plans to cut tax relief.The Society of Independent Brewers (SIBA) described the proposals as "madness" during a period when many businesses are on the brink of collapse. Under the plans, up to 150 small breweries would have to pay higher rates of tax."This is definitely going to put jobs at risk if this goes ahead," Jaega Wise from SIBA said."Part of the issue is we don't entirely know what the tax change is going to be." Advertisement ...