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So Noonan resisted the Lid Levy and the minimum pricing. But a 10 cent increase will mean 25 cents once the vintners put their markup on it and VAT is added...

Their goes the pub scene! I'd say that's the final nail in the coffin for most people

The duty was currently at €15.71 per hectolitre per ABV%
Assuming the 10 cent figure relates to a standard pint of Guinness at 4.2%ABV that is
100 litres / .568 = 176 pints at 10cent per pint or €17.61 per hectolitre of 4.2% beer
So an increase of €4.19 per hectolitre per ABV%.

If I've done the sums right. It means they pushed up the excise on beer by a whopping 26.7%

Of course the real swindlers are the publicans who have been taking the piss for ages, but I still think that as a consumer organisation we should issue an official protest at this.

p.s. the increase on the rate of duty on wine is more like 50% (from €262.2per hectolitre to €395.5 ....again, assuming I've done me sums right)

Might be worth pointing out that there is no need for most sellers of beer to increase the price until the product has left the bonded warehouse.

Basically publicans and off-licences will increase prices immediately (at midnight) yet the duty will have already been paid on the items they're selling, so increased profits for a few days by them.

No such extra profits for the brewers though.

I presume it would make sense for pubs/offies to stock up prior to budget day?

"kev2403":r2qy7hza wrote: Their goes the pub scene! I'd say that's the final nail in the coffin for most people[/quote:r2qy7hza]I doubt it. It won't make it any easier, for sure, but of the many many predictions of apocalypse in the pub trade over the years, none have come true.

Hardly surprising, but it still stings. Not enough to kill the trade, just an extra load for us to bear.