Friday, June 1, 2012

Excise: And you thought I was exaggerating

Last week I posted a blog on my favourite hate: Excise. You may have thought I was overstating the cost to the industry?

Well consider this: Over $2.00/bottle of wine sold in New Zealand goes to the government. This equates to over $170 million a year paid by the New Zealand wine industry to the government (note that is just Excise tax, remember that the industry also pays GST and Income taxes too).

In Marlborough alone excise payments total around $127 million pa. Converted to income to the government per tonne of grapes, that is approximately $2,000/tonne of grapes.

Now compare that to the average of what Marlborough grape growers receive for a tonne of grapes which is only $1,400.

How crazy is that!?

(Source: NZ Winegrower Magazine, June/July 2012)

1 comment:

  1. Great to meet Carl at Pravda last week. Great opportunity to try your wines. All excellent especially the pinot gris. Look forward to visiting the vineyard.