‘Do not call it sin tax’
A distributor of alcohol products has called on Finance Minister Pravin Gordhan and the National Treasury to stop using the term “sin tax”.
Joe Heshu, from Brandhouse, said they had already met with the Treasury to discuss rather using the term excise tax instead of sin tax, Beeld newspaper reported today.
“We asked that the minister does not refer to sin tax anymore, but to call the tax by its correct name, excise tax,” Heshu told the newspaper.
“The word sin tax causes harm to the trademark of law-obedient companies. It also undermines the tax contribution that these companies make to the state.”
He told Beeld that although there is an abuse of alcohol in the country, it is irresponsible to refer to all use of alcohol as a sin.
Sin tax is mostly linked to alcohol and tobacco products.
Gordhan is expected to deliver his budget speech in February.