For every beer bought, 25% of the final price is excise taxes paid into the fiscus
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GUEST – Fatsani Banda, The Excise Tax & Public Policy Manager at SAB
SAB reiterates calls for revised approach to excessive beer excise tax increases
Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South African Breweries (SAB) has said.
Over the past few years, the company has made repeated appeals to the government to reconsider its approach to beer taxation policies.
SAB reiterates calls for revised approach to excessive beer excise tax increases
Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South African Breweries (SAB) has said.
Over the past few years, the company has made repeated appeals to the government to reconsider its approach to beer taxation policies.
