WorksheetsSouth Africa's National Budget Overview
Total questions: 13
Worksheet time: 7mins
What is an example of a direct tax?
Sales Tax
Income Tax
Value Added Tax
Property Tax
What does the National Budget Speech explain?
It outlines the government's plans for infrastructure development.
It explains how the government plans to raise and spend money in the coming financial year.
It details the government's foreign policy initiatives.
It provides a summary of the previous year's economic performance.
What are the two main types of taxes in South Africa?
Direct Taxes and Indirect Taxes.
Sales Taxes and Property Taxes.
Income Taxes and Capital Gains Taxes.
Excise Taxes and Value Added Taxes.
What percentage of South Africa's budget is allocated to education?
15.2%
19.4%
22.1%
25.0%
How does the government help people with very low income?
By providing access to jobs, housing, and basic services.
By increasing taxes on the wealthy.
By reducing the minimum wage.
By limiting access to education and training programs.
What is the total expenditure of South Africa’s 2025/2026 national budget?
Approximately R2.59 trillion.
Approximately R1.5 trillion.
Approximately R3.2 trillion.
Approximately R2 trillion.
What is an example of an indirect tax?
Income Tax
Corporate Tax
VAT (Value Added Tax)
Property Tax
What does VAT stand for?
Value Added Tax
Variable Assessment Tax
Value Assessment Tax
Voluntary Added Tax
What is the purpose of zero-rated items?
To impose a higher tax on luxury goods.
To keep essential products affordable by not levying VAT.
To increase government revenue from sales tax.
To eliminate all taxes on imported goods.
What is the difference between tax avoidance and tax evasion?
Tax avoidance is illegal, while tax evasion is legal.
Tax avoidance is a strategy to minimize taxes, while tax evasion is a method to evade taxes.
Tax avoidance is legal, while tax evasion is illegal.
Tax avoidance is only for corporations, while tax evasion applies to individuals.
What is the role of the National Treasury in South Africa?
The National Treasury helps shape how South Africa’s money is managed and sets out economic policies.
The National Treasury is responsible for collecting taxes only.
The National Treasury manages the South African military budget.
The National Treasury oversees the country's foreign relations.
What are some basic needs the government focuses on?
Jobs, land, clean water, healthcare, and basic services.
Luxury goods and services.
Entertainment and leisure activities.
High-end technology and gadgets.
What is the main goal of the Reconstruction and Development Plan (RDP)?
To improve the quality of life for all people, especially those previously disadvantaged.
To promote economic growth through industrialization.
To reduce government spending on social programs.
To increase military spending for national security.
