Craft Beer Tax Axed, page-3

Cheaper Craft Beer? Now your talking!

Can't believe the government hit these little players, disgraceful imo, and about time they starting talking about addressing it.
Refund on excise up from $30,000.00 to $100,000.00

A lot to like with this tax cut for GRB imo

Budget tax cut on small kegs likely to mean cheaper craft beer, Scott Morrison says
By political reporter Matthew Doran
Updated about an hour ago
Malting barley for beer
PHOTO: The higher tax rate on beer sold in kegs smaller than 48 litres will be axed in next week's budget. (Dave Dyet: www.sxc.hu)
RELATED STORY: Treasurer rejects Santa Claus label, but promises not to be the budget GrinchRELATED STORY: A battle is brewing over tax in the craft beer industry
After denying he was going to be "Santa Claus", Treasurer Scott Morrison will sweeten the deal for craft beer connoisseurs in next week's federal budget by cutting an "outdated and ridiculous" tax rate applied to kegs.
Craft breweries have long complained they are at a disadvantage when compared to huge multinational brewers, because of the tax regime.
Beer sold in kegs that are larger than 48 litres have been taxed at a lower rate than smaller kegs, which in effect has favoured large producers.
Tuesday's budget will include a change to those rules, so that all beer kegs larger than eight litres will be taxed the same way.
"This not only champions the craft brewers that we've all grown to love, it raises a very tantalising prospect for Australians: the likelihood of cheaper craft beer," the Treasurer said in a statement.
Scott Morrison, with pursed lips and raised eyebrows, wearing glasses and a dark suit.

Mr Morrison said there are about 380 craft brewers across the country, in an industry that employs about 2,400 people.
Alcohol manufacturers can currently claim a refund on the excise they pay of up $30,000. That will be increased to $100,000 from July 1, 2019.
That change will also impact the 100 distillers around the country.

"The extra help to craft brewers and distillers will drive competition in a sector currently dominated by large domestic and multinational brewers, opening the door to new products and will likely put downward pressure on prices," the Treasurer said in the statement.