- an increase in the VAT rate from 14% to 15%;
- an increased rate of personal income tax, referred to as the new super tax bracket of 45% for taxable income above R1.5 million per annum;
- significant increases in the general fuel and Road Accident Fund levies;
- an increase in the dividends withholding tax rate from 15% to 20%;
- an increase in the capital gains tax inclusion rates for corporates and individuals;
- an increase in the tax rate applicable to trusts from 41% to 45%; and
- increases in excise duties applicable to tobacco and alcohol products.
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