Probably due in some significance to the application of a Tax ‘Escalator’ on Gin which hikes the excise tax annually by 2% above the rate of inflation (RPI)Originally Posted by jonnijon
Gilbys 1857 Gin 160 Pesos per ltr here. How do they do it? Produced in the UK, bottled in the UK, shipped to the Philippines, passes through dont know how many hands before it gets on the shop shelf and it cost £2-50
This puts a minimum total tax of approx £7 before production, wholesaler and retailer costs and margins are added.
Makes you think eh
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