By Andy Young

Mitchell Taylor, the managing director and winemaker at Taylors Wines has said that a move to volumetric tax "would be a disaster for the industry".

Following Neil McGuigan's letter to the Australian Financial Review last week, Taylor has written to the same newspaper calling for a quick decision by the federal government regarding wine taxation.

Taylor wrote: "The wine industry is united in its approach to freeze the amount of tax we pay as we are currently the highest-taxed wine-producing country in the World."

He added: "The move to a volumetric tax would be a disaster for the Industry. Administration costs would increase and winemakers would be forced to absorb regular six-monthly CPI adjustments into their very thin margins as the retailers will not pass it on."

Taylor went on to say that his fellow winemakers are against a volumetric tax system and are united behind the Winemakers' Federation of Australia.

Taylor concluded: "We need to build a sustainable and profitable industry for the long term that is competitive and proudly represents Australia in the global markets of the World."

The Shout Team

The leading online news service for Australia's beer, wine, spirits and hospitality industries.

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