Wesley Grimm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Presenter Mike Wills chats to tax attorney Wesley Grimm.

National Treasury is asking for public comment by 7 February 2022 on its proposals to impose a specific excise tax on both the non-nicotine and nicotine…

South Africa wants to increase the tax on e-cigarettes. Wesley Grimm, Senior Associate & Rudi Katzke, Partner, Webber Wentzel explain. 

Feb 25, 2021 South African Finance Minister Tito Mboweni delivered the 2021/22 Budget on Wednesday that treads a pragmatic path between over-spending and too much austerity, as the economy grapples with the impact of Covid-19 and lockdowns. By Wesley Grimm, Joon Chong, Cor Kraamwinkel from Webber Wentzel The minister clearly listened to widespread calls to avoid raising taxes but also to allocate more funds to rolling out vaccines. Overall, it was an optimistic budget, but with some stings in the tail. The Budget delivered good news for taxpayers on a number of fronts: * Households, particula...

Experts call for a 20% sugar tax hike to boost health Experts are calling for a 20% hike in sugar tax due to the health sector's ongoing battle with the COVID-19 pandemic. Sugar tax hike According to the SABC, the proposal comes as Finance Minister Tito Mboweni is due to deliver the 2021 Budget Speech next week. Experts say a further increase in sugary beverages will not only result in a reduction in communicable diseases like diabetes, but it will also help support the country’s growing tax collection shortfall. Government currently projects a R300 billion shortfall in revenue in this y...