Tax on Sugar and Sweetened Beverages

Overall impact of a tax on sugar-sweetened beverages

Although the overall impact of a tax on sugar-sweetened beverages would be negative the effect would be “relatively small”, National Treasury said. 

During public hearings on government’s proposed tax that took place in Parliament on Tuesday, National Treasury said it expected job losses in the sugar and beverages industries to be 5 000 at most. 

“But the health outcomes associated with this tax need to be factored into the overall assessment of the tax proposal,” an official said. 

To read the article titled, “Sugar tax: Negative effects would be 'relatively small' - Treasury” click here.

Source: 
Fin24

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