Taxes on alcohol: can bring in almost 5 billion more in alcohol taxes



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Vinmonopolet expects to send NOK 4.1 billion more than expected in alcohol taxes to the state.

The beer industry has made an estimate for Aftenposten and believes that the beer sales figure will give 646 million more in alcohol taxes. Thus, the borders closed by the crown in 2020 may provide almost NOK 4.8 billion more in tax revenue to the state.

However, the government proposes that we change Harry as before next year, writes Aftenposten / E24 on Monday.

Don't empty the splash of wine!

Don’t empty the splash of wine!

Harry’s “normal” trade next year

Finance Minister Jan Tore Sanner (H) believes in a vaccine and that travel restrictions will be lifted. The belief is so strong that he believes the state will receive less alcohol taxes in 2021 than it did in the last normal year, 2019. This is shown in next year’s state budget figures.

The general secretary, Ingunn Jordheim, of the Wine and Spirits Suppliers Association (VBF) believes that the Finance Ministry did not report the revenue the state receives as a result of the crown measures.

– They are losing a couple of billion crowns, you think.

The information department of the Ministry of Finance says in an email to Aftenposten that there is “greater uncertainty than usual in estimating the alcohol tax for 2021.”

One of the main sources of income in the country

Taxes on alcohol and tobacco are adjusted upward every year, and 2021 will be no exception. Interestingly, taxes on tobacco and alcohol will amount to NOK 20.6 billion in revenue for the state in 2021 and thus will constitute one of the main revenue bases for the state, after, among other things, oil revenue, taxes and VAT, this year’s state budget figures show.

Taxes on alcohol will be adjusted up to 3.4 and 3.5 percent from 2020 to account for expected price growth, according to the government.

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