Largest Beer Tax Improve In Latest Reminiscence On The Playing cards As Inflation His 30-year Excessive

The latest Statistics New Zealand inflation figures will

have many brewers and ultimately consumers gazing into their

pint glasses this week as beer excise tax is set to increase

by the highest level in over 30 years. In 2021 New

Zealanders paid $1.22 billion in alcohol excise, set to

increase to $1.3 billion for 2022. An increase of $28.3

million for beer alone.

“The beer excise increase

could not come at a worse time for brewers and consumers,

with the effects of COVID-19 still holding sway on the

economy, the cost of living squarely in focus for New

Zealanders and the hospitality sector far from being back to

normal.” Said Brewers Association of New Zealand Executive

Director Dylan Firth and Brewers Guild Executive Director

Melanie Kees.

Brewers Guild Member and Co-Founder of

Good George Brewing Brian Watson Said “we currently pay

over $3.0 million in excise already, a 6.9% increase is the

same as hiring 2-3 new staff members, a $204k increase on

last year”

“At a time when New Zealanders are

facing an economic crunch, the increase to beer tax is a

hard one to swallow.” Said Firth and Kees

“One of

the most important avenues for brewers is selling their

product through bars and restaurants and the hospitality

industry has suffered badly during the past 2 years and

needs specific support. Yet here is the wider brewing and

hospitality sector being hit with an extra $28.3 million

tax.”

“Under the projected increase the excise tax

would now be $83.08 per keg, $0.55 per bottle and $0.71 per

Pint[1].

All before GST is added.”

“As a sector, increasing

costs brought on by tax make operating in this economic

environment tough. Large and small breweries are having to

make difficult decisions about where to invest or where to

pass on costs”

“In late 2021 our organisations

jointly asked for additional Government support that could

be delivered in an extremely targeted way via an immediate

50% reduction on excise tax for keg beer. This would have

provided a short sharp cost reduction on tap beer supporting

the hospitality sector and when passed on for the consumer

too.”

“Again, we reaffirm our call for this action

to be considered”

“A keg specific excise reduction

such as this is targeted only to hospitality operators, as

kegs are almost exclusively used by bars and restaurants.

This also provides targeted support for small breweries who

generally have higher ratios of product sold through kegs,

as well as often through their own taprooms. What we are

looking to target would be consistent with other peer

markets such as Australia, which has a long-standing

specific excise rates for keg beer and the UK which has for

the last 2 years frozen excise tax completely and created a

new specific keg rate.” Said Firth

“Government has

shown with the petrol excise tax reduction, that is willing

to use novel ideas to solve different cost of living

problems. Over 160,000 New Zealanders are employed in the

accommodation and food service industry, many of these being

pubs and restaurants. With venues seeing huge decreases in

trade since the COVID-19 outbreak a 50 per cent keg beer

would reduce the tax payable on a pint of beer by around 35

cents.”

“The Brewers Association and Brewers Guild

of New Zealand along with Hospitality New Zealand are

calling on the Government to deliver beer tax relief to

pubs, clubs and beer drinkers and other venues through a cut

in keg beer tax. This will see a campaign launched next week

asking for the Government to step in with sector specific

support around reducing keg tax.”

[1] 5% ABV for a

330ml bottle, 425ml pint, 50L

keg

© Scoop Media

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