Presentation is loading. Please wait.

Presentation is loading. Please wait.

The Tax Base in South Africa

Published byRudolph Griffin Modified over 6 years ago

Similar presentations

Presentation on theme: "The Tax Base in South Africa"— Presentation transcript:

1 The Tax Base in South Africa
National Health Insurance Policy Brief 20 The Tax Base in South Africa 8 August 2011

2 Tax in South Africa 2009/10 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

3 History of Tax Revenues in SA
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

4 History of Tax Revenue Composition in SA
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

5 Tax Categories in SA 2009/10 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

6 Tax Categories and Instruments
Taxes on income and profits Persons and individuals: Personal Income Tax (PIT) Companies: Corporate Income Tax (CIT) Capital gains tax (CGT) Secondary tax on companies (STC) Tax on retirement funds (TRF) Taxes on payroll and workforce Skills development levy: for the Department of Labour. Taxes on property Donations tax Estate duty Securities transfer tax (STT) Transfer duties. Source: National Treasury, South African Revenue Service Tax Statistics

7 Tax Categories and Instruments
Domestic taxes on goods and services Value-added tax (VAT) Turnover tax Excise duties Fuel levy International air passenger departure tax Plastic bags levy Electricity levy Incandescent light bulb levy. Taxes on international trade and transactions Customs duties Diamond export levy State miscellaneous revenue Source: National Treasury, South African Revenue Service Tax Statistics

8 Number of Individual Taxpayers 2006-2009
Source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

9 Distribution of Individual Taxpayers by Income Bands 2006-2009
Source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

10 Personal Income Tax 2009 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

11 Tax as Percent of Taxable Income, 2009
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

12 PIT Source of Income, 2008 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

13 PIT Fringe Benefits, 2008 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

14 PIT Tax Deductions, 2008 Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

15 Retirement and Medical Scheme Fringe Benefits and Deductions, 2008
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

16 Retirement and Medical Scheme Fringe Benefits and Deductions, 2009
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

17 Retirement and Medical Scheme Fringe Benefits and Deductions, 2009
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

18 Cost of Revenue Collection
Data source: National Treasury, South African Revenue Service Tax Statistics Source: IMSA NHI Policy Brief 20: The Tax Base in South Africa

19 Innovative Medicines South Africa (IMSA) is a pharmaceutical industry association promoting the value of medicine innovation in healthcare. IMSA and its member companies are working towards the development of a National Health Insurance system with universal coverage and sustainable access to innovative research-based healthcare. Contact details: Val Beaumont (Executive Director) Tel: Fax: Innovative Medicines SA (IMSA) Cell: PO Box 2008, Houghton, South Africa

20 Heather McLeod The New Zealand Centre for Evidence-based Research into Complementary and Alternative Medicine (ENZCAM), University of Canterbury, Christchurch, New Zealand. Extraordinary Professor, Department of Statistics and Actuarial Science, University of Stellenbosch

Download ppt "The Tax Base in South Africa"

Similar presentations

Its Inevitable… TAXES! Grade 8 Social Studies Online.

Its Inevitable… TAXES! Grade 8 Social Studies Online.
CONGRESSIONAL BUDGET OFFICE Total Revenues and Outlays Percentage of GDP Revenues: Funds collected from the public that come from a variety of sources,

CONGRESSIONAL BUDGET OFFICE Total Revenues and Outlays Percentage of GDP Revenues: Funds collected from the public that come from a variety of sources,
South Africa: National Budget 2011/2012 Kevin Lings Economist 23 February 2010.

South Africa: National Budget 2011/2012 Kevin Lings Economist 23 February 2010.
Tax Update 2013 Ronald N King CFP® Head: Technical Support Services PSG Wealth.

Tax Update 2013 Ronald N King CFP® Head: Technical Support Services PSG Wealth.
 Pravin Gordhan quotes:  “We at SARS should try to be creative and to demonstrate goodwill. But out there, you will always have those who are being.

 Pravin Gordhan quotes:  “We at SARS should try to be creative and to demonstrate goodwill. But out there, you will always have those who are being.
FISCAL REFORMS IN PAKISTAN * By Dr. Hafiz A. Pasha ** * Prepared for the Workshop on South Asia Tax Systems, 8-9 August 2010, Singapore. ** Dr. Pasha is.

FISCAL REFORMS IN PAKISTAN * By Dr. Hafiz A. Pasha ** * Prepared for the Workshop on South Asia Tax Systems, 8-9 August 2010, Singapore. ** Dr. Pasha is.
Health care financing in South Africa: Key issues.

Health care financing in South Africa: Key issues.
BUDGET 2002 Discussion of Tax Proposals TAX POLICY CHIEF DIRECTORATE NATIONAL TREASURY PORTFOLIO AND SELECT COMMITTEES ON FINANCE: CAPE TOWN, 26 FEBRUARY.

BUDGET 2002 Discussion of Tax Proposals TAX POLICY CHIEF DIRECTORATE NATIONAL TREASURY PORTFOLIO AND SELECT COMMITTEES ON FINANCE: CAPE TOWN, 26 FEBRUARY.
Types of Tax Most taxes fall into one of two groups Direct Taxes – tax on income or profits. Indirect Taxes – tax on spending. In the past these two groups.

Types of Tax Most taxes fall into one of two groups Direct Taxes – tax on income or profits. Indirect Taxes – tax on spending. In the past these two groups.
 16 th Amendment: Was ratified in 1913. Before this amendment the federal government could not levy income tax.  Payroll Deduction: A system requiring.

 16 th Amendment: Was ratified in Before this amendment the federal government could not levy income tax.  Payroll Deduction: A system requiring.
Chapter 3 (Lecture 4). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.

Chapter 3 (Lecture 4). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.
Payroll withholding systemTax loophole Sin taxMedicare Property taxSurcharge Individual income taxProportional tax Investment tax creditRegressive tax.

Payroll withholding systemTax loophole Sin taxMedicare Property taxSurcharge Individual income taxProportional tax Investment tax creditRegressive tax.
Centre for Tax Policy and Administration Organisation for Economic Co-operation and Development OECD Consumption tax trends Maurice Nettley OECD Centre.

Centre for Tax Policy and Administration Organisation for Economic Co-operation and Development OECD Consumption tax trends Maurice Nettley OECD Centre.
Chapter 3 (Lecture 3). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.

Chapter 3 (Lecture 3). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.
TAXATION TO RAISE REVENUE TO FINANCE GOVERNMENT. TYPES OF TAXES 1.INCOME TAX (PROGRESSIVE) 2.NATIONAL INSURANCE (NIC) – for the Job Seekers Allowance,

TAXATION TO RAISE REVENUE TO FINANCE GOVERNMENT. TYPES OF TAXES 1.INCOME TAX (PROGRESSIVE) 2.NATIONAL INSURANCE (NIC) – for the Job Seekers Allowance,
Chapter 3 (Lecture 3). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.

Chapter 3 (Lecture 3). Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.
The Taxation Laws Amendment Bill, 2002 NATIONAL TREASURY Tax Policy Chief Directorate 4 June 2002.

The Taxation Laws Amendment Bill, 2002 NATIONAL TREASURY Tax Policy Chief Directorate 4 June 2002.
TAX QUIZ. 1. TRUE OR FALSE A tax on money that people receive from their earnings. Is VAT.

TAX QUIZ. 1. TRUE OR FALSE A tax on money that people receive from their earnings. Is VAT.
Presented by COENRAAD BEZUIDENHOUT Executive Director: Economic Policy PARLIAMENT 21 June 2011.

Presented by COENRAAD BEZUIDENHOUT Executive Director: Economic Policy PARLIAMENT 21 June 2011.
Taxes There are three general types of taxes in the U.S. List them and identify which tax hurts low income taxpayers and which tax hurts high income taxpayers.

Taxes There are three general types of taxes in the U.S. List them and identify which tax hurts low income taxpayers and which tax hurts high income taxpayers.

Similar presentations

Ads by Google