Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 344

Posts Tagged ‘Brewers of Europe’

Panel: EU-US trade talks should remove unfair tax bite on European brewers

Posted by fidest press agency su lunedì, 9 dicembre 2013

English: Constituency for the European Parliam...

English: Constituency for the European Parliament election in 2009 Español: Mapa por el Elecciones al Parlamento Europeo de 2009 Français : Circonscriptions aux élections européennes en 2009 (Photo credit: Wikipedia)

BRUSSELS, EU-US trade talks should create a more level playing field by removing taxes on European brewers from which their American competitors are exempt, said panellists at the 4,500-strong Brewers of Europe’s annual Beer Serves Europe gala highlighting a sector that supports 2 million jobs.Whilst the EU sets a level playing field and the reduced excise tax rate permitted by the EU for small brewers is available also to small US brewers importing to the EU, the equivalent small brewer tax relief in the US only applies to domestically-produced beer, putting EU brewers exporting to the US at an important disadvantage, Brigid Simmonds OBE, Chief Executive of the British Beer & Pub Association, told the gathering on Wednesday.“If you are an EU small brewer, you get nothing when you go to the US,” said Simmonds. “And we’re clearly asking our own governments and the EU that we would like this to change, and as part of TTIP,” she said, referring to the talks toward a Transatlantic Trade and Investment Partnership (TTIP).“This is a very good example where industry needs to help us to make that case stronger in the discussions,” said panellist Salvatore D’Acunto, Head of Unit, Food and Health Care Industries, Biotechnology, at the European Commission’s DG Enterprise and Industry. “So we are absolutely open to take that on board, and to open the discussions with the US counterparts on this.” A representative of the European Economic and Social Committee told the gathering that cash-strapped governments should think twice about higher taxes on the brewing sector, a message from the EESC’s Opinion released in October.“I think the brewing industry is one of the thumping bags of governments,” said Edwin Calleja from Malta. “It’s the easy way how a government can really pick up a lot of money in a financial year through a slight increase in the excise tax. This industry is very vulnerable.”Representatives from the EU Institutions, industry and the media also discussed the new EY report on ‘The Contribution made by Beer to the European Economy’, which says that the EU brewing sector is responsible for 2 million jobs, representing 1% of all EU jobs. Beer is a vital part of a long value chain; around 1.4 million jobs in the hospitality sector are sustained by beer, with a further 600,000 jobs being created in other interdependent sectors such as retail, farming and services.“Beer is a driver for the European economy and a major job creator that goes far beyond breweries. For every 1 job in a brewery, there is 1 in agriculture, 1 in packaging and logistics, 1 in marketing, 1 in retail and 11 in the hospitality sector,” Demetrio Carceller, President of The Brewers of Europe, said in his keynote speech.Whilst there are signs of the sector returning to health, with both EU production and consumption showing slight growth over the last two years, beer market value growth still lags behind inflation whilst a further 4% of the jobs sustained by brewing were lost. This loss of almost 84,000 jobs was driven by sharp increases in VAT (+9%) and excise duty (+9%) taxes levied across EU Member States, pushing an increasing proportion of beer consumption away from the labour-intensive hospitality sector.

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Study shows EU hospitality sector is key economic driver, sparking calls for more political support

Posted by fidest press agency su giovedì, 19 settembre 2013

Our Hospitality

Our Hospitality (Photo credit: Wikipedia)

Brussels.A new Europe-wide study by EY (formerly Ernst & Young), released Tuesday, shows the hospitality sector plays a critical role in fighting youth unemployment and is essential for jobs and growth and the health of other sectors. The EY study, backed by HOTREC and The Brewers, found that Europe’s hospitality sector in 2010 directly or indirectly created 1 trillion Euro in output, equal to 8.1% of the EU’s total economic output, and that the multiplier effect of €1 spent in the hospitality sector means another €1.16 invested in the wider economy.
“Measures adopted in times of austerity, which increase tax rates at a time when disposable incomes are falling, are likely to undermine the ability of the sector to generate growth,” said John Hopes, lead author of the study. “The short term response to this is likely to be cost cutting measures, and later, a loss in permanent capacity.” According to the study, which includes country-by-country reports, the sector in 2010 contributed 126 billion Euros to government treasuries in excise duties, Value Added Tax (VAT) and employment and social security taxes, and supported approximately 16.6 million EU jobs, or one in every 13 jobs. Any reduction in the hospitality sector would disproportionately affect Europe’s youth, as the sector provides many of Europe’s first-time jobs, the study said. The hospitality sector provided 29% more jobs in 2010 than in 2000, whereas in the wider economy during the same period, the total number of jobs increased by just 7.1% or less than 1% per year. HOTREC and The Brewers said the study supports their calls for a business-friendlier environment. “This shows why policymakers should carefully consider the impact of VAT rates and hospitality taxes, employment costs and material costs like excise duties on the hospitality sector. Non-restrictive legal and fiscal measures could have a huge impact in terms of facilitating long-term high-level performance of the hospitality sector,” commented Kent Nyström, President of HOTREC. “The Brewers of Europe hopes this study will encourage policymakers to think twice before they further burden jobs- and revenue-generators, which all European economies so desperately need,” said Pierre-Olivier Bergeron, Secretary General of The Brewers of Europe. “These decisions not only impact the European hospitality sector, but also those sectors to which hospitality is closely tied, such as tourism, culture and brewing, for which bars and restaurants are a principal route to market for beer.”

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