High ad valorem tax on new vehicles ‘highly problematic and anti-developmental’ – Barnes
The government is the biggest beneficiary of the South Africa auto industry, says manufacturing and industrialisation expert Justin Barnes. The average tax on an average vehicle sold in South Africa is roughly R120 000.
The government is the biggest beneficiary of the South Africa auto industry, says manufacturing and industrialisation expert Justin Barnes. The average tax on an average vehicle sold in South Africa is roughly R120 000.
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