For the first time since the ATO made corporate tax information public, CUB’s owner paid tax, whilst Lion upped its tax contribution rates.
ATO
Selling takeaway beer during COVID-19 restrictions
The ATO has extended its takeaway beer repackaging concession to continue to support businesses in the alcohol industry affected by COVID-19.
Excise remission scheme webinar
The ATO has released a webinar about the Excise remission scheme for manufacturers of alcoholic beverages.
Repackaging rules changed for cocktails but not beer
Takeaway cocktails will be allowed permanently under new ATO rules, but the repackaging of beer at venues will still require a manufacturers licence after 31st October.
Brews News Week #314 Good Point Well Made
This week on the podcast, the team just how ‘Forever Original’ Coopers new releases actually are and Lion’s small share in a Newcastle beer.
ATO clamps down on ‘illicit’ alcohol
The Australian Tax Office has issued a warning to retailers about ‘illicit alcohol’, on which duty has not been paid, entering the market.
Alcohol re-packaging allowances rescinded by ATO
Measures which allowed venues to repackage kegged beer and were relaxed to allow the production of hand sanitiser are being rolled back by the ATO.
Corporate tax paid by major brewers unveiled by ATO
In the latest tax disclosures from the Australian Tax Office, it was revealed that neither of the country’s two major brewers paid corporate tax last year.
Study shows decrease in lockdown beer drinking
The latest report from researchers at Monash University using data from the Australian Tax Office, rather than self-reported polls, has shown a net decrease in beer drinking.
Beer repackaging exemptions extended by ATO
The easing of rules allowing venues to repackage duty-paid kegged beer and cocktails for takeaway is being extended until next year according to the ATO.