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MONEYWEB app instead? Sars withdraws amended list for qualifying disability expenses Attack on taxpayers’ ability to claim relief for costs associated with education of the disabled described as ‘mean and disrespectful’. 00:01  The proposed change would have placed a massive administrative burden on special needs schools. Image: Shutterstock The South African Revenue Service (Sars) has withdrawn its list of qualifying physical impairment or disability expenditure following widespread public comments since the draft document was published. Moneyweb recently reported on the list and...

SARS argues in the document that school fees are not in the consequence of a disability.

Tax windfall better by billions than initially projected in budget The expectation is based on revenue collections for the final quarter of 2020 BL PREMIUM 03 March 2021 - 14:18 Linda Ensor The actual revenue shortfall for 2020/2021 could be up to R30bn smaller than that projected in the budget based on January revenue figures, PwC tax policy leader Kyle Mandy told MPs on Wednesday. Such an outcome would assist the Treasury in marginally reducing its debt mountain, which is projected to translate to a debt-to-GDP ratio of 88.9% in 2025/2026... BL Premium This article is reserv...

Feb 26, 2021 Kathy Gibson reports – The 2021 Budget, tabled on Wednesday (24 February 2021) sent a clarion call for all South Africans – individuals, business and government – to pull together in ensuring the country can recover from the ravages of the past years. During 2020, government had to make tough choices to ride the wave of the pandemic and, despite the adverse circumstances, Finance Minister Tito Mboweni tabled a mild and marker-friendly budget. That’s the word from Deon Shango, CEO of PwC Africa, who calls for government and business to take action, and to work together to ...