2018 Budget speech Update

2018 Budget speech Update

2018 Budget speech Update   The Minister of Finance announced amendments to tax and other legislation that may affect investors. These changes come into effect on 1 March 2018, unless otherwise indicated.   Income tax Individuals and special trusts There were no...
Paying the taxman

Paying the taxman

Tax season – the period during which you are required to submit your annual income tax return – started on 1 July and is now in full swing so I thought it would be interesting to look at how long we work for the taxman in South Africa, metaphorically speaking. If we...
The economics of taxation

The economics of taxation

At a time when many South Africans are advocating the merits of increasing taxes to fund our excessive fiscal deficit, Sandy McGregor explains the interrelationship of taxation and growth. The rise of big government An efficient tax system is a necessary feature of a...
Value Added Tax

Value Added Tax

#VATMustRise:  An unpopular solution to a very real problem It would appear that the road to free quality education in South Africa would be a long road with no short-term solutions. Whether VAT will play a role in this journey only time will tell. But if well planned...