Cheers Paschal! - The Independent Craft Brewers of Ireland (ICBI) are to brew a special edition ‘Paschal Pilsner’ to thank Minister for Finance Paschal Donohoe for his decision to maintain the 50% excise relief on Alcohol Products Tax, which applies to microbreweries.
The Independent Craft Brewers of Ireland (ICBI) are to brew a special edition ‘Paschal Pilsner’ to thank Minister for Finance Paschal Donohoe for his decision to maintain the 50% excise relief on Alcohol Products Tax, which applies to microbreweries.
They have also welcomed the Minister’s decision in today’s Budget to expand the qualifying production threshold for the relief from 10,000 hectolitres to 50,000.
Chairman of the ICBI, Peter Mosley, said: “on behalf of the ICBI I would like to sincerely thank Minister Donohoe for continuing to support the independent craft beer sector. We rely on this relief to maintain some small chance of being able to compete with the major foreign brands.
“The Minster’s decision to expand the qualifying production threshold will mean that small, independent breweries can produce more beer and further compete with the multinational brands.
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“Many of our members are small breweries located in very rural locations and enjoy great support from their local and very loyal community by creating direct employment and tourism in the region.’’
Barbara-Anne from Bridewell Brewery, an ICBI member, went on to say: “This is a very welcome development for the micro-brewing sector and our thanks go to Minister Donohoe. All of our artisan producers are dependent on the support from this excise relief. To thank the Minister, the ICBI will be producing a special edition ‘Paschal Pilsner’ to thank him for his support.”
The ICBI represents 34 small, independent craft breweries across Ireland and their call to maintain the 50% rate was the centrepiece of their pre-budget submission presented to Minister Donohoe in August.
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