Canadian provinces cut EU and UK spirits duty

The Liquor Control Board of Ontario has reduced levies on EU and UK spirits by 42%, while Québec will cut taxes on imported spirits next month. From today (1 April), levies on spirits produced in the European Union (EU) and UK will be reduced in the Canadian provinces of Ontario and Québec. The cut is as a result of an audit carried out following the ratification of the EU-Canada Comprehensive Economic and Trade Agreement (CETA).…

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Irish whiskey sales forecast to exceed Scotch in US by 2030

Sales of Irish whiskey in the US are expected to overtake Scotch in the next decade, according to a new report by Drinks Ireland. The Irish Whiskey 2010-2020: The restoration of the Irish whiskey industry across our shared island report by Drinks Ireland/Irish Whiskey Association (IWA) looked at the sector’s performance over the last 10 years. The US remains by far the largest market for Irish whiskey accounting for 42% of all sales last year,…

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The impact of Covid-19 on Irish whiskey tourism

Tourism has played a central role in Irish whiskey’s success, with distilleries welcoming hundreds of thousands of visitors. But how will lockdowns and travel restrictions affect the category’s future? *This feature was originally published in the September 2020 issue of The Spirits Business The Irish whiskey sector has enjoyed a boom over the past decade, with new distilleries popping up around the country, providing top‐quality liquid and unique visitor experiences to rival those offered by…

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Ireland’s alcohol sales drop 35.6% in April

Alcohol sales fell by 35.6% in Ireland in April 2020 compared to the same period last year, with spirits dropping by 13% as a result of the Covid-19 pandemic. In April 2020, trade body Drinks Ireland estimated that total alcohol sales have fallen by 30% across the country since on-trade venues were closed due to the Covid-19 pandemic on 15 March. New figures from Nielsen, released by Drinks Ireland, provide sales for spirits, beer, and…

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Drinks industry responds to 2020 budget

Today’s UK budget addressed looming issues such as coronavirus and US tariffs, while spirits duty was once again frozen. The Spirits Business rounds up views from the drinks industry to see how the statement could impact the sector. Earlier today (11 March), the drinks industry was delivered some good news when new UK chancellor Rishi Sunak said in the 2020 budget that the “planned increase in spirits duty will be cancelled”, while duty on beer,…

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