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74% of e-tolls paid to foreign company, confirmed in Parliament

13 June 2017 1:47 PM
Tags:
Wayne Duvenage

Outa chairperson, Wayne Duvenage says R2.2 billion has been paid out to an Austrian company since the inception of the e-toll.

The Organisation Undoing Tax Abuse (Outa) says that the Austrian company, Electronic Toll Collection, has taken at least 74% of all of the money collected by Sanral through the e-toll system on Gauteng’s highways.

Outa chairperson, Wayne Duvenage, says this was discovered when Transport Minister Joe Maswanganyi was giving an update and explanation of the e-toll situation in Parliament.

He said that R2.2 billion has been paid out to the Australian company since the inception of the e-toll in 2013.

We know that successful tolling systems around the world have admin costs of about 7 -10 % and this one is...at 74%.

Wayne Duvenage, Chairman of The Organisation Undoing Tax Abuse (Outa)

Obviously is because the compliance is very low ... but that's the reality and they need to rethink this whole thing.

Wayne Duvenage, Chairman of The Organisation Undoing Tax Abuse (Outa)

Very little money is going into the town and 74% goes into the collection process.

Wayne Duvenage, Chairman of The Organisation Undoing Tax Abuse (Outa)

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This article first appeared on CapeTalk : 74% of e-tolls paid to foreign company, confirmed in Parliament


13 June 2017 1:47 PM
Tags:
Wayne Duvenage

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