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CALL FOR PUBLIC COMMENT AT THE LINK 👉 https://dearsouthafrica.co.za/alcohol-taxes/ The National Treasury has published its latest policy review on the taxation of alcoholic beverages South Africa for public comment, which will inform budget changes in 2025. The policy review builds on the previous excise tax policy review published in 2014 and proposes adjustments to the current policy framework – which could include tax hikes for beverages going forward. Broadly, the discussion document covers developments in the alcoholic beverages industry, including; • Changes in the regulatory landscape; • The prevalence of alcohol consumption; • Illicit trade in alcoholic beverages; • International observations on alcohol taxation; • The potential use of minimum unit pricing in the long term; and • Other administrative policy considerations. One of the key proposals being looked at in the document is a potential revision on how excise is calculated for different types of alcoholic beverages – such as moving to a tax regime based on alcohol content. With the introduction of ‘low-alcohol’ wine (0.5% to 4.5% alcohol content), this new segment poses equity concerns in the context of harm reduction through the tax system. One of the proposed solutions to this is to separate wines into different bands, where the low-alcohol content wines stay at the current tax rate, and higher alcohol-content wines are taxed higher (thus carrying higher pricing) up to 1.8 times the current rate. YES or NO — Do you support the Taxation of Alcoholic Beverages Discussion Document as is? HAVE YOUR SAY AT THE LINK 👉 https://dearsouthafrica.co.za/alcohol-taxes/