There could be good news for those of you who like the occasional drink as alcohol prices could soon fall.
The news comes after the Irish drinks lobby Drinks Industry Group of Ireland have called on a 15% reduction of the alcohol excise in order to foster economic growth and encourage tourism.
According to DIGI’s such a reduction would be welcome as the government makes the argument that the current level of tax on alcohol penalises the “vital drinks and hospitality industry.”
The group claim such a reduction in the price of alcohol would be highly beneificial as it would increase tourism from Britain which would subsequently counter balance the negative outcome of the recent Brexit vote.
DIGI further also claimed that by allowing the drinks industry to thrive, more jobs would be created in Ireland: “Government is urged to show support for the business strength and capability of Irish drinks manufacturers by reducing excise and creating a solid domestic market, which will in turn assist in the drinks export drive.”
H/T Joe.ie