Treasury expects to bring in more than R3bn extra from increases in so-called sin taxes in the 2018-19 fiscal year — if the new “sugar tax” is included under that umbrella. Revenue from excise duties on tobacco products will rise by R420m, revenue from excise duties on alcoholic beverages will increase by R910m, and the new “health promotion levy” — the sugar tax, which comes into effect on April 1 — is expected to bring in R1.93bn, amounting to R3.26bn in total. Hardest hit will beer drinkers, whose tipple will cost them 10% more in nominal terms, and 4.5% more in real terms. Drinkers of traditional African beer, on the other hand, will enjoy a real decrease of 5.5% as those duties will remain unchanged. Here is Treasury’s breakdown of how much more your vices will cost you:

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now