1887

n Personal Finance Newsletter - Increase in "sin taxes" aimed at reducing abuse - Treasury : Budget 2012

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Abstract

Those amongst the South African public who enjoy gambling will also have a gambling tax awaiting them in the future, with a proposed national tax based on gross gambling revenue that will be effective from 1 April 2013. This will be done as an additional 1% levy on a uniform provincial gambling tax base. A similar base will also be used to tax the national lottery, Gordhan said.

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/content/monpf/2012/374/EJC78092
2012-03-01
2016-12-08
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