SA’s beer tax policy may hurt economy more than help, warns tax institute CEO
High excise duties and taxes could push people towards illicit or homemade brews
11 November 2024 - 05:00
SA’s approach to beer taxation may be doing more harm than good to the economy and consumers, according to Keith Engel, CEO of the SA Institute of Taxation.
Engel has raised concerns about the high excise duty on beer, warning that this heavy tax burden on consumers and producers could backfire, potentially decreasing government revenue. ..
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