Beer prices

[frugal90]

Almost doubled, what happened?

[TAC]

tax up 40%

[forestpixie]

Feel sorry for bars and restaurants, great for tourists but bad for locals on a tl salary

[gates]

It’s same as everything else

[alphamike]

Apparently there was a rush to buy alcohol yesterday after the announcement and shelves were emptied. Some shops emptied the shelves themselves in anticipation of the increase. I had visions of folk with trolley load of booze, going to be some great hangovers!

[torontomapleleaf]

Tax on beer up from three TL to 15 TL a tad more than 40%

[Bogaz58]

Bought 20 bottle box of Tuborg in Hur Deniz, Alsancak today up from 160tl to 280tl.
Asked why as it's old stock, Cyprus shrug.
Pay or give it up. Lol.

[erol]

Bought 20 bottle box of Tuborg in Hur Deniz, Alsancak today up from 160tl to 280tl.
Asked why as it's old stock, Cyprus shrug.
Pay or give it up. Lol.

This old chestnut.

What wholesale price will the retailer have to pay to replace this old stock once they sell it ? They will have to replace it at the new price is the answer. Now if the retailer was going to call it a day and shut up shop and will never be re ordering new stock at the new price, then fair enough they should sell the old stock at the old price. However if they are going to continue retailing then it is in my humble opinion unfair and unrealistic to expect them to sell at the old price. It would mean that the amount they get for these sales even after their normal mark up is not enough to replace that stock to the same level. So not only no profit if they just replace the same amount of stock but a considerable capital loss to them.

[Mimi2]

The tax is payable when the alcohol leaves the bonded warehouse. Not at point of sale.
Therefore existing stock has not been taxed at higher level.
Some shops here limiting amount of old stock you can buy. Which I think is fair

[forestpixie]

Bought 20 bottle box of Tuborg in Hur Deniz, Alsancak today up from 160tl to 280tl.
Asked why as it's old stock, Cyprus shrug.
Pay or give it up. Lol.

This old chestnut.

What wholesale price will the retailer have to pay to replace this old stock once they sell it ? They will have to replace it at the new price is the answer. Now if the retailer was going to call it a day and shut up shop and will never be re ordering new stock at the new price, then fair enough they should sell the old stock at the old price. However if they are going to continue retailing then it is in my humble opinion unfair and unrealistic to expect them to sell at the old price. It would mean that the amount they get for these sales even after their normal mark up is not enough to replace that stock to the same level. So not only no profit if they just replace the same amount of stock but a considerable capital loss to them.

Agreed, this tax hike is ludicrous. Businesses have had a hard enough time over the past two years as it is and now this. I read the Restauranters association weren't happy, lets hope they protest and something is done.

[alphamike]

I read in one of the papers, that this tax on luxury goods (alcohol and cigs) is to help out Kibtek. How that equates I have no idea. Just get those with large debts to pay their bills. Switch them off until they cough up.

[kibsolar1999]

I read in one of the papers, that this tax on luxury goods (alcohol and cigs) is to help out Kibtek. How that equates I have no idea. Just get those with large debts to pay their bills. Switch them off until they cough up.

whom do you mean? gov offices?
btw, many big users have solar systems in the MW range, eg, Artemis, Acapulco, CIU..., and many others have smaller ones.

[alphamike]

whom do you mean? gov offices?
btw, many big users have solar systems in the MW range, eg, Artemis, Acapulco, CIU..., and many others have smaller ones.

I mean anyone with large debts, no matter who they are. At the least, get on to some kind of monthly payment plan if they can't pay their debt in full.

[frugal90]

People will just stay at home instead of going out for a drink!

[TAC]

No rum just coke now

[frugal90]

Don't really touch spirits, are they now very expensive here. Rum and coke sounds nice!

[waddo]

Back to using the old barman’s trick then, first rum and coke as normal, second one with half the rum, all the rest just dip the glass rim into the rum and add the coke! Has been used on gin & tonic and vodka & orange for years - lol.

[susiesusie]

Well done Roadhouse by not increasing prices for now. Can't say the same about others who have already hiked them.

[sausage and pash]

Don't hold your breath. Been told alcohol might go up again next week.

[forestpixie]

Goodness, where did you hear that?

[sausage and pash]

From a restaurant owner. He heard it from supermarket owner. Not sure if it will happen. But.....

[forestpixie]

Ah chinese whispers maybe

[Brinsley]

Owner of my local pub said it is the inflation adjustment increase due very soon. The first one was a tax increase.

[laptatony]

Oh well good time to give up or at least cut, good to see they are looking after our health

[frugal90]

What would I now pay for the following after tax rises:

Bottle of vodka

Bottle of Cyprus brandy

Bottle of effes

5 litre box of wine

[Brinsley]

What was once known as 'Back-in-Time' pub on the coast near Les Ambassadeurs hotel & casino, Girne, went from 25tl a pint to 40tl in two days!!!!?

[forestpixie]

The average beer price will be around 35tl now i believe

[Reyntj]

Imo they should make fags the same price as UK ..stop people smoking it's a no brainer

[Mollie the cat]

We have been away for 10 days, before we left we bought a Scottish Whisky, a blend we always buy for 107 TL, went for a bottle today 179 TL OUCH!

[Groucho]

Imo they should make fags the same price as UK ..stop people smoking it's a no brainer

Has that worked?

[Brinsley]

I thought the topic of discussion was 'beer prices' not the merit of where tobacco prices should be!!!

[sausage and pash]

Apparenently my friend said beer prices in (middle uk area) £4.50 sterling a pint. Ok i drink a bottle of carlsberg may be £1.30 a bottle. Still cheaper than uk. If i cannot afford to go out 4 days a week. Ok... i go out 3 days a week. I will not drink at home because it is too easy to drink too much.

[alphamike]

There's already talk about re-evaluating the tax on alcohol, read it in a few of the newspapers yesterday.

[JoandJelly]

What was once known as 'Back-in-Time' pub on the coast near Les Ambassadeurs hotel & casino, Girne, went from 25tl a pint to 40tl in two days!!!!?

Ouch! My local has just increased bottles of Efes to 25TL.