REEP's letter to the National Treasury: 31 March 2024

01 Apr 2024
01 Apr 2024

The letter comments on the Draft Rates and Monetary Amounts Bill, which amend rates of Customs and Excise duty. Providing evidence and sharing finding from recent research, the response covers: (1) cigarette taxation, (2) Heated-Tobacco-Products taxation (3) e-cigarette taxation, and (4) alcohol taxation.

The REEP team offer a number of recommendations, such as increasing the excise tax on tobacco products in the 2025/2026 budget cycle by 5% above the inflation rate, and ratifying the Protocol to Eliminate Illicit Trade in Tobacco Products and implement its provisions, specifically a track and trace system.

Read the letter in full: