Western Cape MEC of Finance, Economic
Development and Tourism Alan Winde announced that the new tax regime came into
effect on Sunday.
This was a tax law that was approved by
Parliament about a month and half ago.
MEC Winde said the money would be used to
better the lives of people in the province.
Winde said they have now separated the possible
relocating of a casino to a much wider public participation process.
“And we have implemented a new tax that we were
loosing the income prior to the ending of the tax regime and this brings
another R40 million into the coffers of the Western Cape
He also added that they will then be able to appropriate during their budget process to be best spent in the interest of the people of the province.
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