Sin taxes rise again

South Africans will from Wednesday have to reach deeper into their pockets to pay for alcohol, cigarettes and fuel.

Pravin Gordhan Budget Speech 2014 Pravin Gordhan Budget Speech 2014

Finance Minister Pravin Gordhan stuck with tradition in his annual budget and again raised sin taxes.

A packet of 20 cigarettes will now cost you 68 cents more.

Whisky drinkers will pay R4.80 cents more for a bottle of the beverage, while the price of a 340ml can of beer goes up nine cents.

However, the duty rate on traditional African beer remains unchanged.

These tax increases take effect immediately.

The fuel levy is set to increase by a total of 20 cents a litre from April 2.

This includes the eight cents a litre which will go towards the Road Accident Fund.

– SAPA and TimesLIVE

One thought on “Sin taxes rise again

  • February 27, 2014 at 11:23 am
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    why has traditional african beer duty not gone up as well? this is not fair. feul falls under sin tax, this i do not understand since it is a necessery evil and not a luxury. at the rate that feul goes up many people will have a difficult time getting to and from work soon. not everyone stays on a public transport route,it is also not always a proposition to be in a lift club as some people do not even stay close to each other.we are heading for a torrid time finacially. Dallas

    Reply

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