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Minimum Booze Price...
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How are the government going to implement this, if they do that is?
I mean if an item now costs X but will have to cost Y under the new law is the difference going to go to the Government,the supplier, retailer? Assuming that it goes to the government will that not just encourage the supplier and retailer to miraculously between them arrive at a prices that just happen to be just above the minimum price and hence nowt to the treasury?
How are the government going to implement this, if they do that is?
I mean if an item now costs X but will have to cost Y under the new law is the difference going to go to the Government,the supplier, retailer? Assuming that it goes to the government will that not just encourage the supplier and retailer to miraculously between them arrive at a prices that just happen to be just above the minimum price and hence nowt to the treasury?
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No, it doesn't go to the Government. It's not a new tax; it's just a rule prohibiting the sale of alcohol below a certain priced (based upon the amount of alcohol in the container).
The Governement will get exactly the same amount of duty from each sale. Their only extra revenue will come through the extra VAT which will be payable where there's a higher retail price.
The Governement will get exactly the same amount of duty from each sale. Their only extra revenue will come through the extra VAT which will be payable where there's a higher retail price.
>>>Why, will they be exempt from the price rise?
The point is that the majority of alcohol sales will be unaffected by the new legislation, as the prices of those sales are already above the proposed threshold. It's only sales where the the ratio of the alcohol content to the price is particularly high (as with some 'super-strength' lagers and ciders) which will be affected.
The point is that the majority of alcohol sales will be unaffected by the new legislation, as the prices of those sales are already above the proposed threshold. It's only sales where the the ratio of the alcohol content to the price is particularly high (as with some 'super-strength' lagers and ciders) which will be affected.
Buenchico
So they don't intend to stop the supermarkets selling their wines and spirits at below cost or even buy one get one free?
I was under the assumption that they did.
If I am correct, then yes it will affect "Those who enjoy a quiet drink or two", and yes they have something to fear from their proposals.
Their quite drink or two will cost them more.
So they don't intend to stop the supermarkets selling their wines and spirits at below cost or even buy one get one free?
I was under the assumption that they did.
If I am correct, then yes it will affect "Those who enjoy a quiet drink or two", and yes they have something to fear from their proposals.
Their quite drink or two will cost them more.
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