I doubt very much there will be any reduction in alcohol duty (as welcome as it would be), in any budget these things have a habit of going only one direction and that is UP. I think at the moment though they just can't put it up anymore, our alcohol duties are at critical level where the laws of diminishing returns now apply. IE. they put up duty rates again and they take in less revenue because of both cross-border shopping and people just stopping purchasing such expensive products.
When you compare prices in Ireland to any other jurisdiction we are just nuts, particularly on spirits.
I was in Spain last week I bought a bottle of Mount Gay Rum , a 1 liter bottle was €12.
The same bottle here would be about €40 the duty alone being around €20 ,and then just to rub it in deeper they apply a 21.5% V.A.T. charge to that duty.
It is bordering on the ridiculous.(Actually it's not bordering on it!)
The rip-off does not only apply to the Government ,you should also give thanks to a few off the multi-nationals that operate here, that charge us Irish more for products (regardless of taxes) then anywhere else in Europe.
Products that are made here !!!
Jameson for instance, made in Ireland (exclusively as it is Irish Whiskey) shipped to Italy or Spain ,shipped back again by a non-agent importer, then sold legitimetly (all duties and taxes paid) back in Ireland approx..10% cheaper then "Irish Distillers" sell direct to it's Irish customers.
Somebody make sense of that one for me ?!? <!-- s:shock: --><img src="{SMILIES_PATH}/icon_eek.gif" alt=":shock:" title="Shocked" /><!-- s:shock: -->
Jameson thats been on holidays in Italy, all that transport cost,and still cheaper then domestic market product.
Trust me Jameson are not the only culprits.
END OF RANT
I'm off to buy a tank and a few armilites ,It's time for a revolution.
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