Page 3147 - Week 12 - Tuesday, 17 November 1992

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1991-92 the Commissioner for ACT Revenue wrote off as irrecoverable some $230,000 in liquor tax debts, of which only $34,000 related to taverns.

(c) Based upon actual and estimated revenue figures for 1991-92, it is estimated that a loss of approximately $0.2m could be attributed to a downturn in sales within the liquor industry. Whether the downturn can be attributed to a change in consumer habits, the economic climate, or a combination of these and other factors is not known.

(3) The introduction of a differential liquor tax (7% for low alcohol beer and 13% for full strength beer and other alcoholic beverages) from 1 January 1993 is estimated to increase revenue by $0.9m in 92-93 and by $1.2m in a full year.

(4) Clubs enjoy a concessional tax rate because it is recognised.that the profits they derive from gaming.are generally returned to the community through improved club facilities to members and financial support to sporting, social, ethnic and community based groups.

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