Budget estimates and revenue outcomes | |||||||
R million | 2016/17 | 2017/18 | Percentage | ||||
Budget | Outcome | Deviation | Budget | Revised | Deviation | change | |
Taxes on income and profits | 660,586 | 664,526 | 3941 | 739,153 | 712,853 | −26,299 | 7.3% |
Personal income tax | 425,810 | 424,545 | −1265 | 482,086 | 460,968 | −21,118 | 8.6% |
Corporate income tax | 205,090 | 204,432 | −658 | 218,692 | 218,109 | −583 | 6.7% |
Dividend withholding tax | 25,710 | 31,130 | 5420 | 34,237 | 29,037 | −5200 | −6.7% |
Other taxes on income | 3976 | 4420 | 444 | 4138 | 4739 | 601 | 7.2% |
and profits | |||||||
Skills development levy | 15,462 | 15,315 | −147 | 16,641 | 15,771 | −871 | 3.0% |
Taxes on property | 16,043 | 15,661 | −381 | 16,509 | 16,047 | −462 | 2.5% |
Domestic taxes on goods | 403,909 | 402,464 | −1445 | 439,539 | 423,616 | −15,923 | 5.3% |
Value-added tax | 290,000 | 289,167 | −833 | 312,750 | 299,058 | −13,692 | 3.4% |
Specific excise duties | 35,700 | 35,774 | 74 | 39,871 | 37,275 | −2596 | 4.2% |
Ad valorem excise duties | 3385 | 3396 | 11 | 3640 | 3796 | 156 | 11.8% |
Fuel levy | 62,970 | 62,779 | −191 | 70,902 | 71,340 | 438 | 13.6% |
Other domestic taxes | 11,854 | 11,348 | −506 | 12,376 | 12,146 | −230 | 7.0% |
on goods and services | |||||||
Taxes on international | 48,384 | 46,102 | −2282 | 53,647 | 50,193 | −3454 | 8.9% |
trade and transactions | |||||||
Customs duties | 47,500 | 45,579 | −1921 | 52,608 | 49,011 | −3597 | 7.5% |
Diamond export levy | 142 | 117 | −25 | 147 | 95 | −52 | −18.9% |
Miscellaneous customs | 741 | 406 | −335 | 893 | 1087 | 194 | 167.9% |
and excise receipts | |||||||
Gross tax revenue | 1,144,382 | 1,144,081 | −301 | 1,265,488 | 1,217,307 | −48,181 | 6.4% |