Sentences with phrase «wine equalisation»

WET = wine equalisation tax.

Replace the wine equalisation tax (WET) on wine and cider with a volumetric excise rate equal to the current excise tax rate applicable to low - strength beer sold offsite.

The review highlighted that «in particular, the wine equalisation tax, as a value - based revenue - raising tax, is not well suited to reducing social harm».

The value - based wine equalisation tax (WET), with its rebate for small producers, distorts prices and demand.