Effectively it s like our business being turbocharged. Instantly our cash flow positions improve and that money can be spent where it s needed to grow our business. We re very excited about it. While Mr Hobson said the announcement was a big win for the industry, he urged the government to consider lowering the spirits tax. The government certainly hasn t moved on the rate of excise, which again we highlight is the third highest in the world in regards to the tax on spirits, he said. Cavu Distillery’s Sunshine and Sons brew. Picture: Patrick Woods The industry will continue to lobby for change and certainly we re disadvantaged in comparison to wine makers producing brandy.
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TOP EIGHT: New food and drink businesses to watch
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