Written answers
Wednesday, 13 December 2023
Department of Finance
Tax Data
Paul Donnelly (Dublin West, Sinn Fein)
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65. To ask the Minister for Finance the estimated cost if excise duty on a pint of beer and a glass of wine decreased by 15 cent with effect from 1 February 2024. [55585/23]
Michael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the estimated first and full year costs of reducing the VAT inclusive price of a pint of beer (568ml) with an average alcohol content of 4.2% and a glass of wine (125ml) by 15 cents from 1 February 2024 is shown in the below table.
| Period | Beer €m | Wine €m |
|---|---|---|
| First Year | 105 | 87 |
| Full Year | 116 | 108 |
This costing does not assume any behavioural change and is based on the latest available data.
The Deputy may wish to note that information on the rates associated with each of the Alcohol products that are excisable is available on the Revenue website at the following link: www.revenue.ie/en/companies-and-charities/excise-and-licences/excise-duty-rates/alcohol-products-tax.aspx
Also published on the website are the Alcohol volumes for each Alcohol product at the following link
www.revenue.ie/en/corporate/documents/statistics/excise/excise-volumes-commodity.csv
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