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Results for “excise duties”
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Excise duties: Government takes note of wine industry's plea
The South African wine industry acknowledges the greater understanding from government with the announcement of the latest excise duties during the 2020 Budget
By Anton Pretorius · 2 min read
Follow the Money: Is alcohol excise tax used to reduce harm?
Is excise duties an effective means to curb socially harmful alcohol-fuelled activities, or is it merely juicy, low-hanging fruit for revenue collectors?
By Anton Pretorius · 6 min read
SA wine industry's message to treasury: "No more excessive tax hikes!"
The South African wine industry have called on treasury to practice sound judgment when announcing excise duties during the National Budget Speech on 23 February 2022.
By SA Wine Industry · 3 min read
#Budget2019: Making sense of excise on wine
They say only two things in life are certain: death and taxes. And sure enough, during his recent annual budget address, finance minister Tito Mboweni announced
By Anton Pretorius · 4 min read
#Budgetspeech2019: Excise increase of 7.4% on wine and brandy and 9% on sparkling wine
Finance minister Tito Mboweni during the National Budget Speech in parliament today.
By Anton Pretorius · 2 min read
Clampdown on illicit liquor beverages
This was one of the key messages during the recent annual excise meeting at Treasury. It is estimated that the marginalised class, which cannot afford branded c
By Annalize · 3 min read
Premium-isation - the way to go
Although wine consumption grew more than beer consumption in 2016, the economic outlook and ongoing pressure on consumer income growth may undermine further pre
By Carlin Cloete · 7 min read
Red Tape Unravelled
South African wine retailers describe the wine import trade as a tangled web of complex challenges and bureaucratic red tape. However, the gatekeepers who imple
By Carlin Cloete · 6 min read
SA wine industry update: Status of Govt deliberations
Following President Ramaphosa’s national address 21 April 2020 regarding expanded COVID-19 economic and social relief measures to the amount of R500 billion, we
By SA Wine Industry · 6 min read
SA wine industry relieved by excise dispensation
The South African wine industry is relieved and extremely thankful for the deferral of the payment of excise taxes on alcoholic beverages as announced today in
By SA Wine Industry · 2 min read
Nedbank: Support for SA wine sector impacted by lockdown
The wine industry is among the industries hit hardest by the Covid-19 lockdown in South Africa. It’s a major economic driver, contributing R36 billion to the fi
By SA Wine Industry · 3 min read
Alcohol industry seeks deferment of R5bn in excise tax due to renewed ban
The renewed prohibition of alcohol sales with immediate effect has resulted in the South African alcohol industry having no choice but to apply for a deferment
By SA Wine Industry · 2 min read
