Page 78 - Bord Bia

CONTENTS

STAGE 1

e) Route to Market
Continued

Understanding VAT & Excise Irish Whiskey Tax Example:

Spirits Example If we take a 70cl bottle of whiskey costing
€24.99 at retail. The tax elements of this
• €42.57 excise duty rate per litre of pure price are as follows:
alcohol in spirits.
• VAT at 23% = €4.67 + Duty on 40% abv
• Therefore 1 litre Bottle of Spirits at 40% abv spirit = €11.92
will generate €17.02 in excise duty.
• Total of €16.59 or 66.4% of the price
• VAT is then calculated at 23%. of a bottle of whiskey.

Beer Example
• Exceeding 0.5% vol but not 1.2% vol = 0.00

• Exceeding 1.2% vol but not
2.8% vol = €11.27 per hectolitre
percent of alcohol in the beer

• Exceeding 2.8% abv will generate €22.55
per hectolitre percent of alcohol in the beer

NOTE - Irish Craft Brewers beneit from a 50% Duty relief from
Revenue based on maximum beer production 30,000 hectolitres

SOURCE: www.revenue.ie and www.abi.ie

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