SA to cough up more for alcohol and tobacco, old age grants up by R80

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SA to cough up more for alcohol and tobacco, old age grants up by R80
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Bubbly lovers could think twice before popping that champagne, as excise duty on sparkling wine is set to go up by 6% from R13.55 to R14.36 a litre.

The excise duty rate on an unfortified 1 litre bottle of wine will go up by 19c from R4.20 to R4.39 and from R7.03 to R7.34 for a litre of fortified wine.

To adjust for inflation, the government proposes to increase the general fuel levy by 16c a litre and the Road Accident Fund levy by 9c a litre from April 1.

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