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2014 Budget: The big picture – some income tax relief; massive spending on social grants, education
From SAPA Income tax relief of R9.3 billion and massive future spending on social grants are among the main features of this year’s pre-election budget. Other highlights include a budget deficit that is expected to narrow to 2.8 percent of GDP by 2016/17, supporting a stabilisation of debt at 44.3 percent of GDP. Tabling his … Read more