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News & Press: SARS News & Tax Administration

Carbon emissions tax nets R2.3bn

04 July 2012   (0 Comments)
Posted by: SAIT Technical
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By I-net Bridge (Business Report)

Finance Minister Pravin Gordhan says that R2.384 billion has been collected since the imposition of the carbon emissions tax on September 1 2010.

In a written reply to a Parliamentary question from Democratic Alliance MP Darryl Worth‚ Gordhan said that for the period September 1 2010 to March 31 2011 R625.89 million had been collected‚ from April 1‚ 2011 to March 31‚ 2012 R1.617 billion was collected and from April 1 2012 to April 30 2012 R141.38 million had been collected.

The tax is imposed on carbon dioxide emissions above 120 grams per kilometre (g/km) at R75 per g/km for passenger vehicles; and‚ for double cabs‚ at R100 per g/km for carbon dioxide emissions above 175 g/km.

Gordhan said the revenue from the vehicle tax formed part of the national revenue fund‚ which was the government's general revenue fund and was not earmarked for specific expenditure programmes.


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


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