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Irish Mirror
Irish Mirror
National
Ferghal Blaney

Alcohol update ahead of Budget 2023 as inflation leads to soaring prices

Calls for a cut in taxes on alcohol could save “thousands of jobs” according to the drinks industry.

The lobbyists for the sector are calling for finance minister Paschal Donohoe to consider relaxing taxes on booze to help with the cost of living crisis.

In its 2023 pre-Budget Submission, DIGI (Drinks Industry Group Ireland) has called for a 7.5% reduction in Ireland’s excise tax rate to begin a programme of annual excise reductions aimed at gradually bringing Irish rates into line with the much lower levels in Europe.

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