Page 56 - BREWERS_Contribution_DEF_20111125-v2

This is a SEO version of BREWERS_Contribution_DEF_20111125-v2. Click here to view full version

« Previous Page Table of Contents Next Page »
Brewing sector
Supplying sectors
Hospitality industry
Retail
360
237
722
47
Excise
VAT hospitality
VAT retail
Induced income tax, playroll
tax and social security
revenue brewing sector
Induced income tax, playroll
tax and social security
revenue other sectors
198
306
153
68
705
7 | Total value added due to beer
8 | Total government
revenues due to beer
The contribution of the brewing sector to the Austrian
economy can also be expressed in terms of value added.
The total value-added generated by these 38,300 jobs is
estimated at 1.366 billion euro :
The total revenue of excise, VAT and income-related
contributions due to beer production and sales is
estimated at 1.4 billion euro :
The VAT revenue is estimated as 459 million euro, the
main proportion being generated in the hospitality sector.
The total excise revenue on beer is 198 million euro.
Income-related revenue due to beer production and
sales is approximately 741 million euro, comprising 208
million euro income tax, 216 million euro social security
contributions paid by employees and 317 million euro
social security taxes and payroll taxes paid by employers.
In 2008 we calculated that the revenues of excise, VAT
and income-related contributions due to beer production
and sales were also 1.4 billion euro.
The share of the brewing sector in the overall value-added
due to the production and sale of beer equals 26.4%,
which is higher than the share of the brewing sector
in total employment due to beer (10%). An important
explanation for this is the high productivity of employees
in the brewing sector, compared to sectors such as retail
and hospitality in terms of value-added.
Graph 8.4. / value added due to production and value of
beer 1.4 billion euro
Graph 8.5. / Government revenues due to the production
and sale of beer : 1.4 billion euro
Source : Ernst & Young calculation (2011)
Source : Ernst & Young calculation (2011)
Austria
08
57