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Budget 2015: ABFI Reaction

Published on Oct 14 2014 5:26 PM in Drinks

Budget 2015: ABFI Reaction

The Alcohol Beverage Federation of Ireland (ABFI), which represents Irish beer, cider, whiskey, wine and spirits suppliers and manufacturers, has said that the decision to not increase excise on alcohol in the Budget will have 'a significant positive knock-on effect on the economy'.

“Today’s decision not to increase alcohol excise will support the sector to grow and develop in a sustainable manner, creating competitive conditions in the domestic market," said Kathryn D’Arcy, Director, Alcohol Beverage Federation of Ireland. "This is an industry that makes a valuable economic contribution to Ireland.

“Going forward, we believe that the Government should use next year’s Budget as an opportunity to reverse excise on alcohol in order to promote job creation."

Noting that there are 92,000 jobs supported by the drinks industry 'from grain to glass', she added, "Excise on alcohol in Ireland is already amongst the highest in Europe and the government must consider reversing it if they are serious about making Ireland the best little country in the world in which to do business”.

© 2014 - Checkout Magazine by Stephen Wynne-Jones

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