New legislation includes direct and indirect tax measures

• The Growth and Sustainability Levy Act, 2023 (Act 1095), which widens the scope of the existing National Fiscal Stabilisation Levy (NFSL) by introducing the Growth and Sustainability Levy (GSL) to replace the NFSL
• The Excise Duty (Amendment) Act, 2023 (Act 1093), which increases the excise duty for cigarettes and tobacco products, wine, malt drinks and spirits, and introduces an excise duty on sweetened beverages and electronic cigarette liquids, electronic cigarettes, and electronic smoking devices

Source: KPMG

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