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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 12 months ago by Lthabo1999

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

submitted 12 months 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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