Sin taxes set to skyrocket

These are the proposed increases on alcohol, sugary drinks and cigarettes announced by finance minister Enoch Godongwana on Wednesday.
These are the proposed increases on alcohol, sugary drinks and cigarettes announced by finance minister Enoch Godongwana on Wednesday.
Image: 123rf/Jakub Godja

These are the proposed increases on alcohol, sugary drinks and cigarettes announced by finance minister Enoch Godongwana on Wednesday.

"For alcohol products excise duties, above-inflation increases of between 6.7 and 7.2 percent for 2024/25 are proposed."

Here are the proposed increases:

A can of beer increases by 14 cents;

A can of a cider and alcoholic fruit beverage goes up by 14 cents;

A bottle of wine will cost an extra 28 cents;

A bottle of fortified wine will cost an extra 47 cents;

A bottle of sparkling wine will cost an extra 89 cents;

A bottle of spirits, including whisky, gin or vodka, increases by R5.53.

"We also propose to increase tobacco excise duties by 4.7 percent for cigarettes and cigarette tobacco, and by 8.2% for pipe tobacco and cigars."

This means:

A R9.51 cents increase for cigars;

A 97 cents increase to a pack of cigarettes; and

An extra 57 cents for a pipe of tobacco.

newsdesk@sowetan.co.za


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