Taxes on beer, booze and ciggies to increase

Hotdigr · Post by **Hotdigr** » Fri Mar 25, 2016 10:46 pm

lurcio wrote:
Rutiger wrote:
Just to be pedantic shouldn't you be using the cost price of the beer not the sale price.
I'm told bars make 8c on a glass of 50c beer so the cost price is 42c including the 20% tax.
That makes the current tax about 7c on a net price of 35c. So the new tax would be an extra 3.5c per glass.

Lurcio, you win the prize mate!
I was OBVIOUSLY talking wholesale price not markup.
The first question I ask any new bar owner here is " Do you know the difference between mark up, gross profit and net profit?"
90% of them, like Rutiger, don't even realise there is a difference!
Then they go arse up a couple of months later.After saying " But I drink for FREE" Yeah, right.

Rutiger · Post by **Rutiger** » Fri Mar 25, 2016 11:18 pm

Hotdigr wrote:
lurcio wrote:
Rutiger wrote:
Just to be pedantic shouldn't you be using the cost price of the beer not the sale price.
I'm told bars make 8c on a glass of 50c beer so the cost price is 42c including the 20% tax.
That makes the current tax about 7c on a net price of 35c. So the new tax would be an extra 3.5c per glass.
Lurcio, you win the prize mate!
I was OBVIOUSLY talking wholesale price not markup.
The first question I ask any new bar owner here is " Do you know the difference between mark up, gross profit and net profit?"
90% of them, like Rutiger, don't even realise there is a difference!
Then they go arse up a couple of months later.After saying " But I drink for FREE" Yeah, right.

Aren't customers charged tax on the price they pay, not on the bar owner's cost basis? If I buy a beer at 7-11, I pay tax on what the shelf price is, not on what 7-11 paid for it. I am looking at it from a bar customer's side of things, not the bar owners.

John Bingham · Post by **John Bingham** » Sat Mar 26, 2016 12:00 am

This is probably one of the cheapest countries in the world for cigarettes. The PM was a major smoker for years. He has been quoted saying that when he was starving and suffering during the war, cigarettes were all he had. Maybe that was one reason tobacco wasn't taxed that much here, it gives certain solace to the poor/ desperate. Since he gave up smoking a couple of years back things are starting to get more in line with international developments. They could tax tobacco 1000% and they'd still be cheap by western standards. Last time I visited my home country I noticed that I could buy about 4 cartons of cigarettes (800) here for the price of one pack (20) there.

I don't mind if they tax them more, if the revenue goes into the health care system, like it does in other countries. Anyway...

Hotdigr · Post by **Hotdigr** » Sun Mar 27, 2016 12:47 am

Rutiger wrote: Aren't customers charged tax on the price they pay, not on the bar owner's cost basis? If I buy a beer at 7-11, I pay tax on what the shelf price is, not on what 7-11 paid for it. I am looking at it from a bar customer's side of things, not the bar owners.

This is not a VAT or a GST, this is an increase in the sales tax on the wholesale price. Thus it will be extended to the consumer as such.

Anchor Moy · Post by **Anchor Moy** » Thu Apr 21, 2016 12:29 am

Rutiger wrote:

F*ck me. 35% tax increase on liquor, 30% tax increase on beer. Where is the "thumb's down" button? Thank goodness shagging is still tax free.

So, seen any price increases yet ? Bombay gin went up last year for some reason, but I haven't noticed any changes in booze or cig prices since the much vaunted price increase on April 1. Maybe it was an April fool ?
50c beer is still 50c.

juansweetpotato · Post by **juansweetpotato** » Thu Apr 21, 2016 12:36 am

Thank God! (it was him wasn't it?). Now at last, we can all start to die healthy (once we sort out enough food and decent hospitals etc). I'm sure the poor will be eternally grateful.

Incidentally, a few years ago I was eating breakfast at that Mekong buffet place on riverside. Sitting at the table next to me were a bunch of teenage American school-kids. Their parents were sitting at another table and they were all on one of those 2 week SEA package tours. They were all from California, where the new anti-smoking laws were first introduced. I noticed that a few of them started to smoke after their meal.
Hello, I thought.
I decided to ask them how many people in their class smoked. They said about 80% of the class. Make of it what you will.

Sailorman · Post by **Sailorman** » Thu Apr 21, 2016 10:50 am

ShnoukieBRO: Thanks for the advice, but I'm ahead of you as I already brew my own beer and cider. I don't smoke cigs so way ahead of the game there.

lurcio · Post by **lurcio** » Thu Apr 21, 2016 12:53 pm

Anchor Moy wrote:
Rutiger wrote:

F*ck me. 35% tax increase on liquor, 30% tax increase on beer. Where is the "thumb's down" button? Thank goodness shagging is still tax free.
So, seen any price increases yet ? Bombay gin went up last year for some reason, but I haven't noticed any changes in booze or cig prices since the much vaunted price increase on April 1. Maybe it was an April fool ?
50c beer is still 50c.

Apparently the beer price went up after New Year so the price rises are just kicking in.

eg Sky Bar scrapping its 50c beer happy hours - now 75c all day and J Bar no more buy 3x50 cent beers get the 4th one free offer.

SinnSisamouth · Post by **SinnSisamouth** » Thu Apr 21, 2016 2:02 pm

Sailorman wrote:ShnoukieBRO: Thanks for the advice, but I'm ahead of you as I already brew my own beer and cider. I don't smoke cigs so way ahead of the game there.

that's why I never see you out at bars you cheap charlie

although it is probably more expensive brewing your own

is it called "sailors seamen"?

ot mien kampf · Post by **ot mien kampf** » Thu Apr 21, 2016 7:54 pm

Death sticks are their own tax on the poor. Expensive, satisfy no base need (food, drink or shelter) and drastically shorten the lives of the users.

Whoever said drinking was the curse of the working class must have been working for the tobacco companies.

Taxes on beer, booze and ciggies to increase

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Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

Re: Taxes on beer, booze and ciggies to increase

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