Tax relief for brewers and distillers widely welcomed

Treasurer Josh Frydenberg has revealed Australia’s small brewers and distillers will benefit from $225million in tax relief, as part of this year’s Federal Budget and not surprisingly industry is delighted with the news.

The Treasurer said that the tax relief will support more jobs and investment to support the growing sector. The move will see a tripling of the excise refund cap for small brewers and distillers from $100,000 to $350,000.