How to squeeze the taxpayer in an election year
Godongwana didn’t hike the personal income tax rate, but inflation will give him the cash just the same
Source: timeslive.co.za
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Budget 2024 party pooper: booze and cigarettes could cost you more
It is believed that the government will explain this increase in excise duty as a reflection of the growing recognition of the need to regulate and tax these products.
Source: citizen.co.za
The growing tax gap, and what to do about it
Sars needs to be able to improve its performance when it comes to taxes due versus taxes collected – and public money needs to be spent more efficiently.
Source: moneyweb.co.za
The Robin Hood effect: Govt 'likely to increase VAT to provide for permanent SRD grant'
Economists said it was vital that Budget 2024 should ideally provide greater certainty on the future of the SRD grant and the impact on the fiscal framework in years to come.
Source: citizen.co.za
Price hikes ahead? Economists predict a VAT increase
As Finance Minister, Enoch Godongwana prepares to deliver his budget speech on 21 February, economists anticipate a 0.5% VAT increase.
Source: citizen.co.za