Stealthy: the taxes that are often forgotten

2011-02-24 00:00

• 14% VAT on purchases: proposal to increase the VAT rate in order to fund the national health insurance system;

• Fuel levy: an increase in the fuel levy by 10 cents per litre on petrol and diesel from April;

• Road Accident Fund levy increased by 8 cents per litre;

• Ad valorem excise tax on cars that cost more than R900 000 will increase by from 20% to 25%;

• Carbon emissions tax, which increases new car prices by up to three percent;

• Sin taxes on alcohol and tobacco: 80 cents increase per pack of cigarettes; a can of beer will cost 6,4 cents more, a bottle of wine 13,5 cents more and a bottle of spirits R2,86 more;

• Electricity levy: increase in the levy applied to electricity generated from non-renewable and nuclear energy sources by 0.5c/kWh to 2.5c/kWh.

• Toll fees.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.