On this page we will elaborate on where does the government get money to create an infrastructure.
List of Seven sources where South African government gets money to create an infrastructure
South Africa gets its money to build and sustain infrastructure for the country mainly from taxes. The taxes that are paid to the government by citizens, companies and any relevant parties are made up as follows:
- Secondary tax on companies / dividends (1.2%)
- Specific excise duties (3.5%)
- Customs duties (4.8%)
- Fuel levy (4.9%)
- Other direct and indirect taxes (5.3%) Company income tax (19.8%)
- VAT (26.4%)
- Personal income tax (34%)
The content on this page is relevant for Business Studies Grade 9 and Economic and Management Sciences Grade 9 Subjects.
