SAFG - Wine Brochure - Sept Oct 2023

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1st September National Chianti day Volpetto Chianti Italy ve 75cl A lively and intense Chianti. Red plum and fig with a splash of cherry tart, this is well-structured, fullbodied and great with red meats and pastas. Volpetto Chianti Reserva Italy ve 75cl A complex wine with a deep intensity of fruit and a long powerful finish. Well structured and full-bodied. Was: £10.10 Was: £11.83 Now £6.99 per 75cl Now £7.99 per 75cl 4 4 See our full range of products online at staustellfamilygroup.co.uk/wholesale
New duty increases As of the 1st August 2023, the new alcohol duty bands have come into force from the Government. This may leave you pondering ‘What does this mean for my wine list pricing?’ We hope the following can help you understand the changes and how you can best adapt your pricing to protect your profit numbers. The government has introduced a new tax structure which will result in an increase in cost on most still wine but favours sparkling and low ABV products. Still wines At 10.5% ABV the duty cost has risen by £0.01 per bottle and at 11% ABV by £0.12 per bottle. Wines between 11.5% – 14.5% incur a £0.44 per bottle increase. Wines from 15% - 22% have increased relative to their ABV level, starting at +£0.97 per bottle if the wine is 15% and wines at 22% will see a £1.72 per bottle increase. This increase will affect all fortified wine (Port, Sherry etc.) The vast majority of still wines imported into the UK sit between 11.5% and 14.5% ABV. Wines within this ABV range will incur a cost price increase of 44p per bottle. To maintain your cash margin, we advise that you take this increase and add VAT (do this by multiplying £0.44 by 1.2) and then add this to your selling price per bottle. Adding at least £0.53 per bottle to your selling price will maintain your cash margin, however your GP % margin will fall. However, there is some good news amongst the doom and gloom. You will make savings on your Champagne and sparkling wines. Sparkling wines now benefit from the same duty rate as still wines between 11.5% and 14.5% ABV resulting in a cost price decrease of £0.18 per bottle. Previously the rate of duty paid on sparkling wines has been higher than still wines as it was viewed as a luxury product. Sparkling wines at 11% ABV have reduced in cost by £0.50 per bottle, this includes many Proseccos. Still wines below 10% have reduced in cost relative to the ABV %. The cost of a wine with 10% ABV has been reduced by £0.10 per bottle and at 9.5% by £0.20 per bottle. These changes are likely to remain in effect until February 2025. If you have any queries regarding the duty change, please do not hesitate to contact your WDM or SDM who will be on hand to help. Place your order today on 0345 241 1122 5
Page 1 and 2: Special Offers September - October
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Page 7 and 8: Stringy Bark Creek Chardonnay Whist
Page 9 and 10: It’s that time of year where we s
Page 11 and 12: Joseph Perrier Brut France 75cl One
Page 13 and 14: Urmeneta Carmenère Chile 6 x 75cl
Page 15 and 16: The picturesque Duoro Valley, locat
Page 17 and 18: Tawny port The Queen to vintage Por
Page 19 and 20: 1985 Opulent and intense. Now £43.
Page 21 and 22: 1980 Solid and well-structured, wit
Page 23: Special Offers Product Case Size Ca

SAFG - Wine Brochure - Sept Oct 2023

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