12 extra taxes you pay on everything you buy in South Africa
In South Africa, the Value-Added Tax (VAT) is 15%, levied on taxable supplies made by a registered vendor, either wholly or partly in South Africa.
Other taxes include customs duty, ranging from 0% to 60% of the imported goods’ value, excise duty on locally manufactured goods and non-essential products, environmental levies on locally manufactured and imported goods, and a carbon tax for activities resulting in greenhouse gas emissions.
Since April 2018, a Health Promotion Levy (sugar tax) has been imposed on sugary beverages to combat diabetes and obesity.
Transfer duty applies when transferring immovable property, with a graduated rate depending on the property’s value.
Securities transfer tax is levied at 0.25% on both listed and unlisted securities.
Employers with an annual payroll over R500,000 must pay a 1% skills development levy for education and training funding.
The turnover tax is a simplified system for micro-businesses with turnover under R1 million.
The general fuel levy and the Road Accident Fund levy apply to the sale of petrol and diesel.
An air passenger departure tax applies for passengers departing to Botswana, Lesotho, Namibia, Eswatini, and other international destinations.
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