More tax relief for drinks companies: how will it improve excise refund?
The Government has just announced increased tax relief for alcohol manufacturers, as of July 2026.
We have summarised what this extended relief means for brewery or wine companies.
There’s good news if you are an Australian brewing, distilling or wine-producing company – you will soon be able to claim increased tax relief, to help you reduce your tax burden.
What extended relief will mean for business.
Increased tax relief for the excise remission cap and WET
At the moment, your brewing and distilling business can get a full refund of any excise paid up to $350,000 each year. The Government has announced that it will increase the excise remission cap to $400,000 for all eligible alcohol manufacturers.
The Wine Equalisation Tax (WET) producer rebate will also be extended from the current $350,000 producer rebate to $400,000.
These proposed changes to legislation will come into effect from 1 July 2026.
Making use of all available tax reliefs
As a drinks producer, your tax burden can be a major drain on cashflow and profits. This announcement of increased tax relief will bring down your tax costs, and should be seen as a spur to check whether you’re claiming all available allowances and reliefs.
Talk to our team about exploring all potential tax reliefs and government incentives, so you’re not spending more in tax than you need to.
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