Sin taxes rise again

South Africans who like to drink and smoke will cough up much more for their vices this year after Finance Minister Nhlanhla Nene increased the so-called sin taxes today (25/02/15).

•  The tax on a quart of beer goes up by 15 and a half cents;
• A bottle of wine will cost 15 cents more;
• A bottle of sparkling wine goes up by 48 cents;
• Tax on a bottle of whiskey will increase by R3,77 and
• A pack of 20 cigarettes will cost 82 cents more.

Furthermore, Nene raised the general fuel levy by a whopping 30,5 cents per litre, and the Road Accident fund by 59 cents.

Get your copy of The Herald tomorrow for a breakdown of the budget, and how it will affect you.

- JAN-JAN JOUBERT