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Division of Revenue Act, 2024 (Act No. 24 of 2024)

Schedules

Schedule 1 : Equitable division of revenue raised nationally among the three spheres of government

 

Schedule 1

 

Equitable division of revenue raised nationally among the three spheres of government

 

 

Spheres of Government

Column A

Column B

 

2024/25

Forward Estimates

2025/26

2026/27

 

National1,2

Provincial

Local

R'000

 1 434 313 321

   600 475 640

   101 177 734

R'000

1 522 047 226

   627 441 853

   106 087 022

R'000

1 606 856 491

  655 704 215

  110 661 361

TOTAL

2 135 966 695

 2 255 576 101

2 373 222 067

 

1. National share includes conditional allocations to provincial and local spheres, general fuel levy sharing with metropolitan municipalities, debt-service costs, and the contingency reserve and provisional allocations

 

2. The direct charges for the provincial equitable share are netted out