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Tax Basics - Coggle Diagram

- - - - -Presents the budget and
        -mentions how spending will be funded
        -Tax proposals and Amendment Acts
- - - - Greatest source of
        revenue for the Government
        
        Companies: 27%
        
        Individuals: 45%
  - - - Charged on the
        supply of goods or services by persons who
        are registered VAT vendors
        Levied at standard rate of 15% or at 0%.
    - - levied on certain locally
        manufactured goods, as well as on their
        imported equivalents, such as tobacco, liquor,
        motor cars
    - - Charged on goods which
        are imported into or exported from SA
    - - Wine