Found myself yesterday in front of an ASDA wine shelf contemplating this deep question...
Based on my experience with this forum I thought there is no better place to find knowledgable people.
So... considering a £8 bottle of wine, 20% is corporation tax so you are left with £6.4. Duties for a 0.75l bottle should be £2.23 (£297.57 per hectolitre for 5.5%-15% alcohol content). That drops to £4.17.
From which you have to account for transportation, shelf tax, profit margin, marketing bottle etc.
My gut feeling says no... but what do people think?
Based on my experience with this forum I thought there is no better place to find knowledgable people.
So... considering a £8 bottle of wine, 20% is corporation tax so you are left with £6.4. Duties for a 0.75l bottle should be £2.23 (£297.57 per hectolitre for 5.5%-15% alcohol content). That drops to £4.17.
From which you have to account for transportation, shelf tax, profit margin, marketing bottle etc.
My gut feeling says no... but what do people think?
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