21A Bookkeeping & Tax

21A Bookkeeping & Tax Welcome to 21A Bookkeeping and Tax, your one-stop solution for all your financial needs.
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As a trusted and reliable partner, we provide expert bookkeeping and tax services designed to help individuals and businesses manage their finances with ease.

09/05/2025
Important Dates to keep in mind.
19/03/2025

Important Dates to keep in mind.

14/02/2025

Warm wishes for a happy Valentine's Day. We hope you celebrate it by doing all the things you love.

30/01/2025

Excise Duty

What is it?
Excise duties and levies are imposed mostly on high-volume daily consumable products (e.g. petroleum, alcohol and to***co products) as well as certain non-essential or luxury items (e.g. electronic equipment and cosmetics).

The primary function of these duties and levies is to ensure a constant stream of revenue for the State, with a secondary function of discouraging consumption of certain harmful products; i.e. harmful to human health or to the environment. The revenue generated by these duties and levies amount to approximately ten per cent of the total revenue received by SARS.

Who is it for?
Excise Duties are levied throughout the Southern African Customs Union (SACU), consisting of the Republic of South Africa, the Republic of Botswana, the Kingdom of Lesotho, the Republic of Namibia and the Kingdom of Swaziland

What steps must I take?
Relevant entities in the RSA must license with SARS Excise before they start to manufacture.

Excise Duties are payable by manufacturers of the following products:

Ad Valorem Products
Alcohol Products:
- Malt Beer
- Traditional African Beer
- Spirits / Liquor Products
- Wine and Vermouth
Other Fermented Beverages
Petroleum Products
To***co Products

Excise Levies/tax are/may be levied separately and uniquely on different products:

Air Passenger Tax
Diamond Export Levy
Environmental Levy Products
Carbon Tax
Electric filament lamps
Electricity generation
Motor vehicle CO2 emission
Plastic bags
Tyres
Fuel Levy and Road Accident Fund (RAF) Levy on Petroleum Products
Health Promotion Levy on Sugary Beverages
International Oil Pollution Compensation Fund Levy (IOPCF)

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27/12/2024

Your Financial Success Partner

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23/12/2024

Let us help you navigate your finances

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20/12/2024

Always here to assist for your short-term and long-term goals and planning

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