“The tax will be implemented later this year once details are finalised and the legislation is passed‚” Gordhan said.
Treasury deputy director-general Ismail Momoniat told journalists that Treasury proposed to introduce a threshold that would make the first 4g of sugar per 100ml beverage exempt from the sugar tax. He said 100% fruit juices and milk products would be exempt.
The proposed carbon tax and its date of implementation would be considered further in Parliament this year‚ the minister said.
