1. South Africa’s Budget #SABudget Source: http://www.treasury.gov.za - based on audited 2009/10 results
Personal Income Tax R 154 billion VAT R 79 billion Company Tax R 135 billion
Company tax by industry
(20) Public sector 33
52 446 tax payers (7)
Technology, media and
20 Public sector 4
telecommunications
Earn less than R1 000 000 + Income
Contribution: R 37 billion (29) Energy and resources 10
Technology, media and
(10) Consumer business 24 13
telecommunications
1 011 000 tax payers (32) Manufacturing 48
Earn less than R 200 000 - R 1 000 000 Income
Energy and resources 18
40% (18) Financial service industry 61
Contribution: R 89 billion
in billions
1 339 691 tax payers
Earn less than R 100 000 - R 200 000 Income
52% Refunds Consumer business 22
Contribution: R 26 billion
1 181 406 tax payers Manufacturing 30
4%
Earn less than R100 000 Income
Contribution: R 3 billion 2% Import VAT and duties R 89 billion Financial service industry
4% 48
2% 3% UK
R5 billion
Number of taxpayers 1%
6%
USA Germany
R12 billion South Korea
Their contribution
R7 billion R2 billion
0 10 20 30 40 50
5%
France Billions of Rands
15% R3 billion
Japan
13%
R5 billion
Number of prof itable companies
129 988
China
R18 billion
LOSS MAKING
5% Brazil
17% 3% R2 billion BREAK EVEN 83 319
Italy
15% 8%
R2 billion India
R3 billion
122 221
5% PROFITABLE
Revenue Fuel Levy R29 billion Excise Duties R21 billion
Total: R580 billion Other Revenue R28 billion Secondary Tax on Companies R15 billion
Expenses R167 billion
Total: R747 billion deficit
Central Financial
Government Administrative Justice, Crime Economic Services Direct Charges
Administrator Social Services Prevention & Security and Infrastructure
Services and Provincial Share
R 52 Billion R 60 Billion Did you know?
R 140 Billion R 102 Billion R 82 Billion R 311 Billion If the government wanted to fund the
deficit by increasing taxes, they would
have to increase all taxes by 30%.