Well what's the most important thing for stag groups when they go away on their stag weekend. Well firstly it's the petrol to get there. Next month's increase in fuel duties will be staggered announced the Chancellor. So fuel duty will go up by 1p in April 2010 and another 1p in October 2010 with the remainder next January.
The next item to consider is the tax on beer, wine and spirits. This will rise, as previously announced, from midnight on Sunday. There will be more increases as alcohol taxes will also rise by 2% above inflation for two further years from 2013. Of note is the tax on cider which will increase by 10% above inflation from midnight on Sunday. This is a massive increase for those cider drinkers. Does that mean the end to the popularity of Magners? Does mean the Spanish Archer , El Bow, for Strongbow?
However what our customers repeatedly tell us when they visit us in Wales for their stag weekend is how cheap the beer is. £2.35 for a pint of bitter and £2.55 for a pint of lager in our bar can't be bad compared to some London prices! So even with the price hikes we are still excellent value.
Tobacco duty will rise from today by 1% above inflation, and will then go up by 2% above inflation each year until 2014. See the table below showing the increase in cigarette prices which makes for interesting reading. At these prices I'm amazed people can still afford to smoke.
If you lead a similar lifestyle compared to last year, the indications are that you will be £8.12 worse off.If you drink 1 pint of beer a week, 1 glass of wine, 1 glass of spirits and smoke 1 pack of 20 cigs a week. Visit the BBC website to work out the impact on your household income. Doesn't look like stag weekends are going to change much as a result of this budget!
Breakdown of difference
| 2009/10 £ | 2010/11 £ | Difference £ | |
| Alcohol | 96.70 | 99.91 | £-3.21 |
| Tobacco | 242.86 | 247.77 | £-4.91 |
| Fuel | 0.00 | 0.00 | 0.00 |
| Income tax | 0.00 | 0.00 | 0.00 |
| National insurance | 0.00 | 0.00 | 0.00 |
| Child benefits | 0.00 | 0.00 | 0.00 |
| Tax credits | 0.00 | 0.00 | 0.00 |
| Vehicle excise duty | 0.00 | 0.00 | 0.00 |
| State pension | 0.00 | 0.00 | 0.00 |
For more information on stag weekends then visit the Call of the Wild website.
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