Question

Name two types of tax and an example of each that will not increase in the 2020 financial year in SA​

Answer 1

Answer:

Taxation may involve payments to a minimum of two different levels of government: central government through SARS or to local government.[2] Prior to 2001 the South African tax system was "source-based", wherein income is taxed in the country where it originates. Since January 2001, the tax system was changed to "residence-based" wherein taxpayers residing in South Africa are taxed on their income irrespective of its source. Non residents are only subject to domestic taxes.

Explanation:

understand