SA tax system in jeopardy as skilled, high-income earners emigrate
Standard Bank has stated that renewed emigration is threatening South Africa’s tax system – a tax system that already “rests on a pinhead.”
Standard Bank has stated that renewed emigration is threatening South Africa’s tax system – a tax system that already “rests on a pinhead.”
Ramaphosa said that 18 million South Africans receive state welfare grants, with another 11 million relying on the state’s R350 grant. He boasted that we are the only African country giving grants to almost half its population, but economists warn that this is unsustainable.
Sanlam and Lion of Africa Assurance are among insurers whose sale of funeral policies for children on welfare has led to a confrontation with South Africa’s government.