Call to change smoking and vaping taxes in South Africa
January 08, 2024 by businesstech.co.za
Call to change smoking and vaping taxes in South Africa
South Africa needs to strike a balance between the perspectives of both economists and health experts as to how tax rates should be determined for nicotine products, says Marius van Oordt, an expert in indirect taxation in developing countries. Over the past several years, the world has seen an evolution of tobacco and nicotine products, particularly evident in electronic nicotine delivery systems (ENDS or e-cigarettes). To accommodate such a change, experts have been presenting contrasting views.
20.20% of the adult population are current smokers. There are approximately 8.3 million current smokers in South Africa 34.60% of men are current smokers but only 6.50% of women.
SOURCE: GSTHR
