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Cost Of Duty Free Bottles of Drinks in the Canaries

You can buy a litre bottle of branded whisky (e.g. Bells) in local shops in the holiday resorts in the Canary Islands for as little of 10 Euros. Gin (Gordons)can be even cheaper. How do they manage to sell it so cheaply and still make a profit.
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Comments

  • skid112
    skid112 Posts: 373 Forumite
    Part of the Furniture 100 Posts
    about 70% in the UK is duty, cost if a bottle would be about £3 or so, multiply by 1.37 (current) rate is €4.11
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  • Kernow666
    Kernow666 Posts: 3,480 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker I've been Money Tipped!
    the words duty free are a bit of a giveaway :)
    "If I know I'm going crazy, I must not be insane"
  • davetrousers
    davetrousers Posts: 5,862 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 11 June 2015 at 12:27PM
    As a side note, Fiscally the Canaries are not the EU, therefore you can only bring back 1 litre of spirits (per adult).

    If you're in the Canaries you should try (and bring back using your allowance) Honey Rum (Ron Miel in Spanish). My favourite one is the Guajiro one, stronger at 30% ABV rather than cheaper 20% ones.
    .....

  • mgdavid
    mgdavid Posts: 6,709 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    .................. you should try (and brick back using your allowance) Honey Rum.................

    is that a euphemism for vomit?
    The questions that get the best answers are the questions that give most detail....
  • davetrousers
    davetrousers Posts: 5,862 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mgdavid wrote: »
    is that a euphemism for vomit?

    Whoops, corrected now.
    .....

  • Kernow666 wrote: »
    the words duty free are a bit of a giveaway :)


    Not really. I never buy in the duty free shops at airports because everything is much more expensive than if bought locally.
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  • Moto2
    Moto2 Posts: 2,206 Forumite
    There's been a lot of fake booze in Tenerife so be careful what you buy
    Change is inevitable, except from a vending machine.
  • MarkRice
    MarkRice Posts: 21 Forumite
    edited 14 June 2015 at 9:11AM
    Normally where we stay in Lanzarote a litre bottle of Bells Whisky is around 11 euros. Gordons Gin is about the same. Lanzarote Duty free airport prices are about 20% higher than in the resort. We like the Torres 10 year old Brandy which we don't think you can purchase in the UK. It very good value and in our opinion it tastes great.
  • We take two plastic bottles with us to the Canaries and transfer from the glass bottles. We then we put them in our hold baggage. It is a lot lighter with plastic bottles and is very unlikely to break in your case unlike glass bottles. It is always a lot cheaper to purchase in the resorts than at the Airports
  • skid112 wrote: »
    about 70% in the UK is duty


    It's even higher than that.
    The current excise duty for spirits in the UK is £27.66 per litre of pure alcohol so for an example I'll take a 1L bottle of 45% ABV booze.


    This works out at £12.45 for excise duty alone and then you have VAT at 20% on top so if the base price of the bottle was £3, once you add excise duty and VAT, it would retail for about £18.55 and of that £18.55, just over 83% goes directly to the government.
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