Excise tax: SAB calls for regulatory certainty to protect R71b industry

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

SAB CEO Richard urges government for stable excise tax policy, citing operational disruption in the R71 billion industry.

“In running the business, you must take account of the costs, but everything now must come to a stop,” said Roodt.

“It would be easier for excise duties if you knew beforehand what the changes would be.” Ramatlhodi said regulatory certainty was “key in creating industry stability”.consumer being under pressure this year, prospects looked better for 2024- 25 financial year. “The SA consumer has been taking strain from high inflation and rising interest rates over the last year, with consumer sensitivities around beer price hikes having increased,” said Ellis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAB calls for strong excise tax certainty, as liquor industry battles declining volumesSAB has called for strong excise tax policy certainty for the liquor sector to enable better planning, as the industry battles material volume declines due to high input costs and a consumer under increasing pressure.
Source: News24 - 🏆 4. / 80 Read more »

Fuel price hike sparks concern, industry calls on government for alternativesThe CEO of the Fuel Retail Association, Reggie Sibiya, has voiced concerns over the fuel price increases scheduled for September, emphasizing the potential impact on both businesses and consumers.
Source: SABC News Online - 🏆 32. / 51 Read more »