Lockdown-hit alcohol industry asks for a tax deferment

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Lockdown-hit alcohol industry asks for a tax deferment 🔒

The SA Liquor Brand owners Association , which represents large liquor manufacturers including Heineken and Pernod Ricard, has again asked the SA Revenue Service to allow the liquor industry to delay paying excise taxes until the alcohol ban is lifted.

Alcohol attracts sin taxes that make up a big part of the selling price and are paid when the alcohol is produced and stored rather than when it is sold. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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Should open up the industry + see what happens…! Nothing happened to EFFSouthAfrica protest march, Nothing happened to MYANC outside Nkandla , So why worry

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 /  🏆 12. in JP

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