Will I really see relief at the pump? - Four questions about the fuel levy reduction answered
After the temporary cut in the general fuel levy, overall petrol prices may rise by between 23c and 31c.
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After the temporary cut in the general fuel levy, overall petrol prices may rise by between 23c and 31c.
Minister of Finance Enoch Godongwana has announced a temporary reduction in the general fuel levy for two months.
President Cyril Ramaphosa has approved several tax changes for South Africa.
The President has given effect to the 2021 tax proposals by signing three tax Acts into law. On 14 January 2022, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 19 of 2021 (“Rates Act”), the Taxation Laws Amendment Act No. 20 of 2021 (“TLAA”) and the Tax Administration Laws Amendment Act No. 21 of 2021 (“TALAA”). These Acts were promulgated on 19 January 2021. The Rates Act gives effect to changes in tax rates and certain monetary thresholds, whereas the TLAA and the TALAA contain more profound technical ...
Finance minister Enoch Godongwana will now table the Medium Term Budget Policy Statement (MTBPS) in parliament on 11 November 2021, and not 4 November 2021 as…