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Quick - buy your bubbly before the price goes up this year

Act fast if you don't want to pay more for your favourite tipple!

20 Feb 2019
 
sparkling wine

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If you've been listening to this year's budget speech, you'll know that Finance Minister Tito Mboweni has stated that the price of beer, wine and cigarettes will rise

In fact, duty on a 750ml bottle of sparkling wine will go up by 84 cents with total taxes at R10.16 while a normal 750ml bottle of wine will go up just 22 cents with an excise duty of R3.15. 

sparkling wine glass

The new tax will come into effect on 1 April 2019 so if you're a bubbly lover, then don't be shy to stock up now! 

You can see the full budget speech here where the minister also highlights increases in the price of cigarettes and beer. 

CHECK OUT 7 Local bubblies found "off the beaten track" to pop open this Summer 


* Food24 does not advocate the abuse of alcohol and it is expected that if you try the recipes and/or other material provided on Food24, you do so responsibly, with moderation and with caution. 

Read more on: wine  |  sparkling wine  |  tax  |  budget 2019  |  mcc  |  drinks
 

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