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Shortfall in alcohol excise duty inflow to total tens of millions

Alcoholic beverages for sale at Kristiine Prisma.
Alcoholic beverages for sale at Kristiine Prisma. Source: (Liis Treimann/Postimees/Scanpix)

The estimated inflow of excise duty on alcohol has never missed the mark as severely as it has in the 2017 state budget, daily Postimees reports.

While the truth will be determined at the beginning of February, it can already be seen that there will be a shortage of €40-50 million compared to the €276.4 million included in last year's state budget, the paper said.

It is likely that last summer's significantly reduced estimation of €237.5 million will not be fulfilled either.

Slightly more is paid into the state budget in the form of excise duty on alcohol each year, and the increases have averaged around €14 million annually since 2010. 2017, however, will likely be the first year in more than a decade during which the inflow of excise duty on alcohol will be smaller than the year before.

While a total of €251 million in alcohol excise duty was paid into the budget in 2016, the same figure in 2017 is likely to be closer in size to the 2015 total of €222 million.

Editor: Aili Vahtla

Source: BNS

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