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South Africa

South Africa Forum/Politics

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Govt urged to reconsider excise duty on wine, to target pensions instead of hiking VAT

ewn.co.za/2025/0...

submitted about 1 year ago by Lthabo1999

Govt urged to reconsider excise duty on wine, to target pensions instead of hiking VAT

submitted about 1 year ago by Lthabo1999

Govt urged to reconsider excise duty on wine, to target pensions instead of hiking VAT
  • Various organizations are against proposed tax increases in the budget, particularly in the wine industry, and suggest targeting higher taxes on harmful products instead.
  • They made submissions during public hearings on fiscal framework and revenue proposals, including concerns about VAT increase and other tax plans.
  • National Treasury will address these submissions in an upcoming joint committee meeting.
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