Pre-Christmas rush, but tough times ahead
Published 06/12/2012 | 17:00
NO sooner had Michael Noonan broken the news that €1 in excise duty was to be added to the cost of a bottle of wine, than our wine shop started filling with customers.
Certainly there were rumours that excise duty was going up. We didn't think it was going to be that high and we're shocked.
We were very busy throughout the afternoon and we've been getting calls by people ordering and paying for wine.
But while yesterday may have been busy as people stocked up for Christmas there's no doubt that the excise duty hike will hurt businesses like ours.
We opened Terroirs about 19 years ago, long before the Celtic Tiger was born.
The most difficult part of our business is to source quality wines that we can retail under €10. Clients expect a top-class wine and they deserve it at that price.
So for us the minister putting an extra euro on a bottle is heartbreaking news. The wine industry has been left in shock and the hike is quietly killing a profession of wine merchants.
Our philosophy over the years is that there should be a sliding scale with regard to the excise duty. The big wines that retail in excess of €80 to €100 can accept that little extra duty. But the wines under the €10 mark should have less.
As a couple we've always loved challenges. This is another one and we'll overcome it as our business is built on service.
Francoise and Sean Gilley own Terroirs Fine Food and Wine at 103 Morehampton Road, Donnybrook, Dublin 4
Irish Independent Supplement