Are changes coming to how alcohol is taxed in South Africa?

Are changes coming to how alcohol is taxed in South Africa?

A potential win for the alcohol industry...

Proposed changes for how alcohol is taxed in South Africa
Proposed changes for how alcohol is taxed in South Africa. Beer/ iStock

The Beer Association of South Africa (BASA) is calling for change.

According to Business Tech, BASA has indeed submitted a proposal to SARS on changing how beer and alcoholic beverages are taxed in SA.

Read more: Japanese government runs competition to get young people to drink more alcohol

Alcohol tax increases every year as part of the 'Sin Tax'. The 2022 Budget saw the price of a 340ml can of beer increase by 11 cents. 

The industry has long been pushing for a change in how taxes are calculated.

via GIPHY

BASA has proposed the following:

  • Beer and other alcoholic goods that have lower levels of alcohol by volume (ABV) are taxed proportionally lower than products with higher ABV.
  • That the excise duties period of 30/60 days on all goods under the Excisable Alcohol Products be applied uniformly. 

Read more: Japanese government runs competition to get young people to drink more alcohol 

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Main image attribution: iStock

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