Nightcap (drink) Nightcap (drink) A nightcap is a drink taken shortly before bedtime. For example, a small alcoholic drink or glass of warm milk can supposedly promote a good night's sleep. Traditional nightcaps include brandy, bourbon, and cream-based liqueurs such as Irish cream. Wine and beer can also function as nightcaps. In folk medicine, consuming a nightcap is for the purpose of inducing sleep. Alcohol is not recommended by many doctors as a sleep aid because it may interfere with sleep quality. But, in low doses, alcohol has sleep-promoting benefits, and some popular sleep medicines include 10% alcohol, although the effects of
Wine equalisation tax Wine equalisation tax Wine equalisation tax is a tax imposed on wine made, imported, exported or sold by wholesale in Australia. It is applied at 29% of the wholesale value of wine. In Australia, wine is taxed differently to other alcoholic beverages. While other beverages are taxed based on their alcohol content, wine is taxed at a flat 29% rate, which, on a per standard drink basis, generally makes tax on wine less than other alcoholic beverages. A number of rebates are available to wine producers based in Australia and New Zealand, with eligible produces originally able to claim up