This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.
  • Sugar Tax Levy

Sugar Tax Levy

21 February 2019

Whilst most tax collections fell short of budget, a tax that bucked this trend is the Sugar Tax or Health Promotion Levy. Budget 2018 announced expected revenue generated of around R1.7 billion in its first year. Actual revenue, however, is forecasted to amount to approximately only R3.4 billion! To further discourage the consumption of sugary drinks, the Minister today introduced an inflationary increase to the levy, effective 1 April 2019. It will not be surprising if the Sugar Tax revenue continues its upward trend.

Read more BDO Insights