Alec Hogg: Ramaphosa wasn’t mentioned but his fingerprints all over #Budget2018
After years of contracting GDP per capita (in US Dollar terms South Africans have been getting poorer since 2011) some rationality is finally returning.
Tax reform
Matthew Lester: Breathe, Cyril, breathe. Please don’t increase VAT. There is another way.
It is an especially important Budget. Leading the challenges for the Ramaphosa Administration is how to plug a R50bn hole in the accounts.
Matthew Lester unpacks wealth taxes in light of the Budget Speech
Matthew Lester unpacks the National Budget Speech in light of wealth taxes, what the changes are, and what they mean.
Budget 2015: New Income Tax Tables
The latest income tax tables house the latest information you need for the fiscal year ahead.
Budget 2015: AJ Jansen van Nieuwenhuizen – Nene’s got a tough road to walk
Grant Thornton tax guru AJ Jansen v Nieuwenhuizen believes that SA’s former Finance Ministers Trevor Manuel and Pravin Gordhan had it comparatively easy.
Budget Speech: Minister, turn your promises into action to halt decline in tax
The budget speech is one of the most important events of the political year because it shows not only where government is spending its money, but where that money is coming from. The trouble is that South Africa’s tax base remains worryingly constrained.
SA’s tax revenues jump 10 pct in 2013/14 as rebates encourage payment
SA’s tax revenues jumped by 10.6% in the 2013/2014 fiscal year, helped by more people paying income tax due in part to tax changes, data showed on Tuesday.
The e-toll discount that isn’t – what’s with Dipuo Peters?
This week, Transport Minister Dipuo Peters announced that there would be a reprieve for Gauteng toll-road users, but no new e-toll discounts have been announced. What do we make of all of this? Paul Joubert, who is the Senior Economic Researcher at the SRI, joined Alec Hogg on CNBC Africa to unpack some of the issues … Read more
Prof Matthew Lester expands on new Davis Tax Committee report focusing on SME’s
A very large portion of the South African economic sector is informal, if small businesses don’t fall into the ‘informal’ category then it is likely that they will fit into the category of small to medium sized enterprises (SME). From a current economic standpoint, the country desperately needs SME’s to spring up in true entrepreneurial … Read more
Davis Tax Committee releases Small Business Sector report
By Matthew Lester The Davis Tax Committee has released an interim report addressing the taxation of the small business sector. The report is available on www.treasury.gov.za The committee was established by the previous minister of finance, Pravin Gordhan, in July 2013 under chairman judge Dennis Davis. The brief of the DTC is to enquire and make … Read more