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What is the difference between a levy and tax?

Posted 12 January 2013

What is the difference between a levy and tax?

TaxTim Marc TaxTim Marc said:
13 January 2013 at 18:39

A levy is an extra amount that is charged on things like fuel, but as a surcharge on top of the cost whereas a tax is a percentage of the total amount which is paid over.

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