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Consumers face 16 new taxes and leviesSA TAXPAYERS, already groaning under the weight of one of the heaviest tax burdens in the world, were facing at least 16 possible new charges and levies in the near future, SA Chamber of Business (Sacob) director-general Raymond Parsons said on Friday. Speaking at Sacob's Northern Province congress in Potgietersrus, Parsons said the 16 taxes in the pipeline included levies on land, job training, house values, health, fuel, electricity and liquor, charges on waste water, water catchment and water management, an airports tax, capital transfer tax, a provincial income tax surcharge and a TRC victims' restitution tax. There were plans to raise funds to subsidise Telkom tariffs for the needy and to provide maternity benefits through increased UIF contributions. Parsons said Sacob calculated the overall tax burden already exceeded the 25% of GDP government committed itself to in its Growth, Employment and Redistribution strategy. "What seems to be happening is an attempt by government to offset its inability to control spending by dreaming up more ways of raising revenue." He warned that a tax regime out of kilter with countries competing with SA for investment was a deterrent to local and foreign capital. What mattered from the point of view of global competitiveness were the "costs of doing business in SA", he said. - Sapa.
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