A Trade Development Levy is imposed on all horses imported into South Africa.

The Board of The SA Equine Trade Council has agreed to increase the Trade Development Levy to R10 000 per horse with effect from 1 April 2015.

(Photo by illustration from firstclassequinetransport.com)

The Trade Development levy was originally introduced soon after the formation of the SA Horse Import & Export Council in 2002 to assist with the funding of various iniatives related to the export business including the funding of the work of the SA trade Council.

The objectives of the proposed increase are:

To increase the marketing budget for international promotion.

To grow foreign investment.

To support appropriate export related projects as determined by the Trade Council Board.

Any queries regarding the Levy can be addressed to Peter Gibson at peter.gibson@racingsouthafrica.co.za