With tax and the fuel levy going up, employed South Africans are in for a difficult time, DA parliamentary leader Mmusi Maimane said on Wednesday.
"Increase in tax and fuel levy will affect working South Africans who also use the roads. We are in for a difficult period," Maimane said in reaction to finance minister Nhlanhla Nene's budget tabled in Parliament.
Nene announced some personal income tax increases, a raise of the general fuel levy, of the Road Accident Fund (RAF) levy, and of the electricity levy, and increased excise duties.
Consolidated government spending was expected to be R1.35 trillion and revenue about R1.2tn. GDP was projected to grow from two percent in 2015 to 2.4 percent in 2016, and three percent in 2017.
South Africans facing difficult time: Maimane
With tax and the fuel levy going up, employed South Africans are in for a difficult time, DA parliamentary leader Mmusi Maimane said on Wednesday.
"Increase in tax and fuel levy will affect working South Africans who also use the roads. We are in for a difficult period," Maimane said in reaction to finance minister Nhlanhla Nene's budget tabled in Parliament.
Nene announced some personal income tax increases, a raise of the general fuel levy, of the Road Accident Fund (RAF) levy, and of the electricity levy, and increased excise duties.
Consolidated government spending was expected to be R1.35 trillion and revenue about R1.2tn. GDP was projected to grow from two percent in 2015 to 2.4 percent in 2016, and three percent in 2017.
BUDGET SPEECH SIMPLIFIED
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