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Sin taxes increased by more than inflation

VAAL TRIANGLE - Finance minister Enoch Godongwana announced excise duties for alcohol products will see above inflation increases of between 6.7% and 7.2% for 2024/25. This means:

 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; and

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

Excise duties for tobacco will increase by 4.7% for cigarettes and cigarette tobacco, and by 8.2% for pipe tobacco and cigars. This translates to a 97-cents increase on a pack of cigarettes.

(PHOTO: Supplied)

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