The draft legislation will extend the concessional draught beer excise rates to 8 litre or greater individual containers, from 1 July 2019. Currently, draught beer sold in individual containers exceeding 48 litres is taxed at lower rates compared with beer sold in individual containers up to and including 48 litres. However, the lower rates mainly benefit large breweries. Extending the concessional draught beer excise rates to 8 litre or greater individual containers will allow craft brewers, which typically use smaller sized kegs, to also benefit from the lower excise rates.
The Government is seeking stakeholders’ views on the exposure draft legislation and accompanying explanatory materials which will give effect to this change.
This measure also affects the operation of customs duty collections on imported beer. The Department of Home Affairs will undertake separate targeted consultation with key stakeholders on the customs component of this legislative change.
No submissions are currently available.