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Illustration: Colin Daniel
The Budget contains a number of proposals that could have a significant impact on how you structure your finances:
* The rate of dividends tax has been increased;
* There are new limits on how much you can claim as a tax exemption on retirement contributions;
* The effective rate of capital gains tax has been increased;
* There is greater clarity of how tax credits for medical scheme contributions will work ... and more.
Personal Finance takes a close look at how the Budget will affect your pocket and what you may have to consider when planning your finances in the coming years.
Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.
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