A stealth tax, not a health tax
The cash-strapped South African government needs to bring in more revenue but is reluctant overtly to raise the VAT rate, which would unleash a political storm. Instead, it is planning to raise some R10.5bn – half of what an increase in the VAT rate from 14% to 15% would yield – by introducing a 20% tax on sugar-sweetened beverages (SSBs). This report was released in Johannesburg in September 2016.
https://admin.irr.org.za/reports/occasional-reports/a-stealth-tax-not-a-health-tax
https://admin.irr.org.za/@@site-logo/IRR Logo - Low res.jpg
A stealth tax, not a health tax
The cash-strapped South African government needs to bring in more revenue but is reluctant overtly to raise the VAT rate, which would unleash a political storm. Instead, it is planning to raise some R10.5bn – half of what an increase in the VAT rate from 14% to 15% would yield – by introducing a 20% tax on sugar-sweetened beverages (SSBs). This report was released in Johannesburg in September 2016.
