#BudgetSpeech2020 – These are the new prices for alcohol

Finance Minister Tito Mboweni has announced an increase in sin taxes.

Delivering the annual budget speech in the National Assembly, Mboweni announced the following increases.
  • A 340ml can of beer or cider will cost only an extra 8c
  • A 750ml bottle of wine will cost an extra 14c
  • A 750ml bottle of sparkling wine an extra 61c
  • A bottle of 750 ml spirits, including whiskey, gin or vodka, will rise by R2.89
  • A packet of 20 cigarettes will be an extra 74c
  • A 25-gram of piped tobacco will cost 40c more
  • A 23-gram cigar will cost an extra R6.73
Mboweni also announced a new excise duty on heated tobacco products to be taxed at rate of 75-percent of the cigarette excise rate.

The government also intends to tax electronic cigarettes in 2021.

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