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''a million home owners in Gauteng who pay for "armed crime reaction" where private security companies react AFTER the crime has taken place This service costs on average R250 p.m. Therefore 1,000,000 x R240.00 x 12 months x 14% VAT, generates R403 million in tax revenue for the SA Govt!
A car thief steals a R500,000 car and receives between R10,000 and R30,000 for his deed. The car owner is paid out by insurance and then purchases another similar vehicle, on which he pays 14% VAT of approx R70,000 as a direct result of crime. Who profited the most? The thief or the SA Govt?
We must begin with a mechanism whereby the SA Govt is forced to reconsider this unconstitutional and immoral practice of profiting from crime!
All South Africans should demand that all payments related to protection of life and property should be VAT free and Tax deductible! This principle should also apply to replacement of stolen property as well as estate duty. If a person dies as a result of crime we should also demand that estate duty not be paid. How much do you think the SA Govt. has made out of estate duty from the murders of 1300 South African farmers?
The S.A. Govt likes to compare us to overseas. Well overseas your safety and security is covered by your income tax and is tax deductible!
It is time that South Africans stood together and made the Govt. and public aware of the Govt's "income" from crime. In the meantime crime is the goose that lays the golden egg'' - news24 comment by ji .