The report by Oxford Economics Africa titled “Double the Pain: The burden of unpredictable excise taxes and high inflation on beer in South Africa” was presented during the Beer Tax Indaba, which examined the burden of unpredictable excise taxes in a historically high inflation environment in South Africa.
”, has found that above- inflation adjustments to excise duties, that are not in line with current excise policy have pushed beer tax burdens above excise policy targets.
In a tough, low-growth macroeconomic environment, both consumers and producers must navigate “Double the Pain.” Like many other businesses in South Africa, SAB has been navigating a tough trading environment over the last year, which has been underscored by high inflation, high interest rates, and above-inflation increases in electricity and water supply., which examined the burden of unpredictable excise taxes in a historically high inflation environment in South Africa.
Excise Taxes South Africa Double The Pain Oxford Economics Beer Tax Indaba Deon Fourie Richard Rivett-Carnac Sab Cpi Keith Engel Mauritius Australia Canada United Kingdom Tanzania Https://Www Oxfordeconomics Com/Resource/Double-Th Oxford Economics Africa National Treasury Sa Institute Of Taxation
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