Budget 2024: Government proposes electric vehicle tax incentive

Sabmiller Plc & Abinbev Showcase Renewable Energy ProgrammeMeanwhile, the government has proposed to increase the motor vehicle emissions tax rate for passenger vehicles from R132 to R146 per gram of CO2 emissions per kilometre. The tax rate for double cabs will increase from R176 to R195 per gram of CO2 emissions per kilometre from 1 April 2024.